£1,562,439
This estimated value is based upon the latest sale price for the house of £925,000 on 12 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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23 Leinster Terrace, W2 3ET
Phone: 02081154625
| Price Paid | Date |
|---|---|
| £925,000 | 12 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 258 sq meters or 2,777 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 October 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £925,000 results in an estimated price of approximately £1,562,439.
| 12 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £925,000 | £637,439 | £1,562,439 |
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 | 136.138 % | £1,259,273 | £2,184,273 |
| 3 Month Average | 68.086 % | £629,792 | £1,554,792 |
| 6 Month Average | 107.931 % | £998,357 | £1,923,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £7,612,706 | £7,500,000 | 17 PORCHESTER TERRACE |
| 11 Jul 2023 | £3,294,338 | £3,250,000 | FLAT 42 HYDE PARK TOWERS, 1 PORCHESTER TERRACE |
| 30 Mar 2023 | £1,095,319 | £1,085,000 | 13 PORCHESTER TERRACE |
| 25 Jul 2022 | £1,724,643 | £1,720,000 | FLAT 7 22 CRAVEN HILL GARDENS |
| 7 Apr 2022 | £31,903,048 | £30,979,875 | 104 - 105 BAYSWATER ROAD |
This house has a floor area of 258 sq meters or 2,777 sq feet when measured on 30 Jul 2021. Using an estimated price of £1,562,439 means this house is valued at £6,055 per sq meter (£562 per sq foot).
The average size of a house on LEINSTER MEWS is 174 sq meters (1,874 sq feet).