£543,452
This estimated value is based upon the latest sale price for the house of £340,000 on 28 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4c Praed Street, Paddington, London, W2 1JX
Phone: 02036414567
Price Paid | Date |
---|---|
£340,000 | 28 Jun 2007 |
£275,000 | 19 Sep 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2007 the House Price Index for GREATER LONDON was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £340,000 results in an estimated price of approximately £543,452.
28 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 149.7 | 59.839 % | £340,000 | £203,452 | £543,452 |
The Postcode Pricing Model uses changes in average sales price within the W2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 85.125 % | £289,424 | £629,424 |
3 Month Average | 66.933 % | £227,571 | £567,571 |
6 Month Average | 65.505 % | £222,716 | £562,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Apr 2023 | £1,661,069 | £1,630,000 | FLAT 617 PENINSULA APARTMENTS, 4 PRAED STREET |
17 Mar 2023 | £569,511 | £560,000 | FLAT 204 PENINSULA APARTMENTS, 4 PRAED STREET |
1 Mar 2023 | £568,494 | £559,000 | FLAT 105 PENINSULA APARTMENTS, 4 PRAED STREET |
30 May 2019 | £1,307,552 | £1,050,000 | FLAT 309 PENINSULA APARTMENTS, 4 PRAED STREET |
12 Apr 2019 | £1,196,000 | £960,000 | FLAT 318 PENINSULA APARTMENTS, 4 PRAED STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 7 Jun 2021. Using an estimated price of £543,453 means this house is valued at £14,687 per sq meter (£1,364 per sq foot).
The average size of a house on PRAED STREET is 67 sq meters (723 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Junction Place |
Apr 2024 | Other theft | Under investigation | On or near Junction Place |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Junction Place |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Junction Place |
Apr 2024 | Theft from the person | Under investigation | On or near Junction Place |