£842,955
This estimated value is based upon the latest sale price for the house of £490,000 on 11 Mar 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Rede Place
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78 Westbourne Grove, Bayswater, London, W2 5RT
Phone: 02080224555
| Price Paid | Date |
|---|---|
| £490,000 | 11 Mar 2011 |
| £381,000 | 16 Nov 2006 |
| £215,000 | 10 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 March 2011 the House Price Index for GREATER LONDON was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £490,000 results in an estimated price of approximately £842,955.
| 11 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £490,000 | £352,955 | £842,955 |
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 | 46.249 % | £226,619 | £716,619 |
| 3 Month Average | 7.219 % | £35,372 | £525,372 |
| 6 Month Average | 34.071 % | £166,949 | £656,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £995,311 | £1,000,000 | 3 REDE PLACE |
| 2 Sep 2022 | £1,388,785 | £1,400,000 | GROUND FLOOR OFFICE SPACE 1 HEREFORD ROAD |
| 7 Jul 2022 | £1,580,254 | £1,576,000 | FLAT 13 27 HEREFORD ROAD |
| 31 May 2022 | £4,769,876 | £4,680,000 | 23 CHEPSTOW PLACE |
| 9 Feb 2022 | £220,226 | £210,000 | FLAT D 9 HEREFORD ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 6 Jul 2020. Using an estimated price of £842,956 means this house is valued at £16,528 per sq meter (£1,535 per sq foot).
The average size of a house on HEREFORD ROAD is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rede Place |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Rede Place |
| Jan 2024 | Anti-social behaviour | On or near Leinster Square | |
| Jan 2024 | Anti-social behaviour | On or near Leinster Square | |
| Jan 2024 | Anti-social behaviour | On or near Leinster Square |