£1,130,006
This estimated value is based upon the latest sale price for the house of £650,000 on 12 May 2006. 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 |
|---|---|
| £650,000 | 12 May 2006 |
| £180,000 | 30 May 1996 |
| Flats/Maisonettes |
| Leasehold |
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 May 2006 the House Price Index for GREATER LONDON was 85.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 73.847%.Applying this 73.847% change to the original purchase price of £650,000 results in an estimated price of approximately £1,130,006.
| 12 May 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.0 | 73.847 % | £650,000 | £480,006 | £1,130,006 |
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 | 37.087 % | £241,064 | £891,064 |
| 3 Month Average | 91.909 % | £597,405 | £1,247,405 |
| 6 Month Average | 112.960 % | £734,237 | £1,384,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2022 | £1,323,212 | £1,325,000 | 24 RAYNHAM NORFOLK CRESCENT |
| 11 Jan 2022 | £2,410,765 | £2,300,000 | 5 OXFORD SQUARE |
| 3 Dec 2021 | £3,201,154 | £3,000,000 | 8 CAMBRIDGE SQUARE |
| 11 Dec 2020 | £2,972,006 | £2,600,000 | APARTMENT 5.2 2 HYDE PARK SQUARE |
| 28 Oct 2019 | £1,477,859 | £1,210,000 | 16 RAYNHAM NORFOLK CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Oxford Square |
| Feb 2024 | Anti-social behaviour | On or near Oxford Square | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Mar 2024 | Other crime | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |