£497,949
This estimated value is based upon the latest sale price for the house of £310,000 on 10 Apr 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1 The Colonnades, 15 Porchester Square Mews, London, W2 6AG
Phone: 02036415140
| Price Paid | Date |
|---|---|
| £310,000 | 10 Apr 2007 |
| £200,000 | 2 Nov 2001 |
| 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 April 2007 the House Price Index for GREATER LONDON was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £310,000 results in an estimated price of approximately £497,949.
| 10 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £310,000 | £187,949 | £497,949 |
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 | 135.741 % | £420,798 | £730,798 |
| 3 Month Average | 53.165 % | £164,812 | £474,812 |
| 6 Month Average | 89.835 % | £278,489 | £588,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 May 2022 | £545,274 | £535,000 | 23B ORSETT TERRACE |
| 4 Feb 2022 | £519,104 | £495,000 | 22C ORSETT TERRACE |
| 14 Jan 2022 | £1,157,649 | £1,100,000 | 24B ORSETT TERRACE |
| 30 Sep 2021 | £414,873 | £385,000 | 3A ORSETT TERRACE |
| 27 Jan 2021 | £445,115 | £390,000 | BASEMENT 29 ORSETT TERRACE |