£1,991,321
This estimated value is based upon the latest sale price for the house of £1,575,000 on 15 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Connaught Street, London, W2 2AB
Phone: 02081152461
| Price Paid | Date |
|---|---|
| £1,575,000 | 15 Jan 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £1,575,000 results in an estimated price of approximately £1,991,321.
| 15 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £1,575,000 | £416,321 | £1,991,321 |
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 | 13.772 % | £216,908 | £1,791,908 |
| 3 Month Average | -28.301 % | £-445,739 | £1,129,260 |
| 6 Month Average | -19.898 % | £-313,393 | £1,261,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £2,367,704 | £2,325,000 | 4 OXFORD SQUARE |
| 2 Nov 2022 | £560,380 | £563,000 | FLAT 150 QUADRANGLE TOWER CAMBRIDGE SQUARE |
| 28 Oct 2022 | £485,379 | £487,000 | FLAT 112 QUADRANGLE TOWER CAMBRIDGE SQUARE |
| 20 Jul 2022 | £1,338,411 | £1,325,000 | 24 RAYNHAM NORFOLK CRESCENT |
| 11 Jan 2022 | £2,438,456 | £2,300,000 | 5 OXFORD SQUARE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 May 2017. Using an estimated price of £1,991,321 means this house is valued at £21,184 per sq meter (£1,968 per sq foot).
The average size of a house on NORFOLK CRESCENT is 157 sq meters (1,692 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Cambridge Square | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Square |
| Apr 2024 | Anti-social behaviour | On or near Cambridge Square | |
| Apr 2024 | Anti-social behaviour | On or near Cambridge Square | |
| Apr 2024 | Anti-social behaviour | On or near Cambridge Square |