£645,010
This estimated value is based upon the latest sale price for the house of £380,000 on 16 Apr 2010. 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 |
|---|---|
| £380,000 | 16 Apr 2010 |
| £143,000 | 10 Oct 1997 |
| £95,000 | 12 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 428 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 April 2010 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £380,000 results in an estimated price of approximately £645,010.
| 16 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £380,000 | £265,010 | £645,010 |
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 | 80.481 % | £305,826 | £685,826 |
| 3 Month Average | 31.278 % | £118,856 | £498,856 |
| 6 Month Average | 52.594 % | £199,858 | £579,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £628,458 | £620,000 | 215C GLOUCESTER TERRACE |
| 27 Jun 2022 | £639,031 | £630,000 | 223B GLOUCESTER TERRACE |
| 19 Apr 2022 | £447,963 | £435,000 | 208D GLOUCESTER TERRACE |
| 18 Mar 2022 | £461,137 | £445,000 | 206D GLOUCESTER TERRACE |
| 4 Feb 2022 | £519,104 | £495,000 | 22C ORSETT TERRACE |
This house has a floor area of 39 sq meters or 428 sq feet when measured on 25 Nov 2009. Using an estimated price of £645,010 means this house is valued at £16,185 per sq meter (£1,503 per sq foot).
The average size of a house on GLOUCESTER TERRACE is 63 sq meters (680 sq feet).