£6,798,756
This estimated value is based upon the latest sale price for the house of £5,500,000 on 8 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 Orme Court, Bayswater, London, W2 4RL
Phone: 02030071907
| Price Paid | Date |
|---|---|
| £5,500,000 | 8 May 2019 |
| Terraced |
| Freehold |
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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £5,500,000 results in an estimated price of approximately £6,798,756.
| 8 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £5,500,000 | £1,298,756 | £6,798,756 |
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 | -34.761 % | £-1,911,861 | £3,588,138 |
| 3 Month Average | -16.105 % | £-885,800 | £4,614,199 |
| 6 Month Average | -18.269 % | £-1,004,780 | £4,495,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £761,271 | £750,000 | FLAT 15 LANCASTER CLOSE, 13 - 15 ST PETERSBURGH PLACE |
| 21 Aug 2023 | £640,604 | £635,000 | FLAT 84 LANCASTER CLOSE, 13 - 15 ST PETERSBURGH PLACE |
| 27 Jul 2023 | £1,317,735 | £1,300,000 | FLAT 43 LANCASTER CLOSE, 13 - 15 ST PETERSBURGH PLACE |
| 9 Jun 2023 | £1,062,875 | £1,050,000 | FLAT 4 SAXON HALL PALACE COURT |
| 5 Apr 2023 | £1,304,041 | £1,290,000 | FLAT 32 LANCASTER CLOSE, 13 - 15 ST PETERSBURGH PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near St Petersburgh Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Petersburgh Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Petersburgh Place |
| Feb 2024 | Anti-social behaviour | On or near Chapel Side | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Chapel Side |