£3,229,297
This estimated value is based upon the latest sale price for the house of £1,950,000 on 27 Sep 2013. 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 |
|---|---|
| £1,950,000 | 27 Sep 2013 |
| £1,250,000 | 2 Oct 2009 |
| £1,275,000 | 21 Aug 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 144 sq meters or 1,550 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 September 2013 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £1,950,000 results in an estimated price of approximately £3,229,297.
| 27 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £1,950,000 | £1,279,297 | £3,229,297 |
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 | 9.771 % | £190,542 | £2,140,542 |
| 3 Month Average | 3.728 % | £72,693 | £2,022,693 |
| 6 Month Average | 3.839 % | £74,860 | £2,024,860 |
| 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 144 sq meters or 1,550 sq feet when measured on 10 Mar 2009. Using an estimated price of £3,229,298 means this house is valued at £22,411 per sq meter (£2,082 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 |