£1,959,751
This estimated value is based upon the latest sale price for the house of £1,361,500 on 16 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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34A Westbourne Grove, Paddington, W2 5SH
Phone: 02081281868
Price Paid | Date |
---|---|
£1,361,500 | 16 Jul 2015 |
£930,000 | 25 Feb 2015 |
£145,000 | 2 Aug 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 787 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £1,361,500 results in an estimated price of approximately £1,959,751.
16 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £1,361,500 | £598,251 | £1,959,751 |
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 | 6.969 % | £94,886 | £1,456,386 |
3 Month Average | -22.409 % | £-305,103 | £1,056,396 |
6 Month Average | -6.992 % | £-95,202 | £1,266,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £2,405,760 | £2,375,000 | 2C SUNDERLAND TERRACE |
5 Aug 2022 | £548,524 | £550,000 | 8 ALEXANDER MEWS |
4 Apr 2022 | £24,715 | £24,000 | 17 SUNDERLAND TERRACE |
1 Apr 2022 | £1,338,739 | £1,300,000 | 16A SUNDERLAND TERRACE |
9 Feb 2022 | £4,194,778 | £4,000,000 | 38 NEWTON ROAD |
This house has a floor area of 73 sq meters or 787 sq feet when measured on 28 Apr 2009. Using an estimated price of £1,959,752 means this house is valued at £26,772 per sq meter (£2,487 per sq foot).
The average size of a house on NEWTON ROAD is 132 sq meters (1,421 sq feet).