£1,571,346
This estimated value is based upon the latest sale price for the house of £1,145,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Redan House, 27 Redan Place, London, W2 4SA
Phone: 02036414861
Price Paid | Date |
---|---|
£1,145,000 | 15 Jan 2016 |
£495,000 | 31 Jul 2006 |
£345,000 | 30 Jun 1999 |
£209,000 | 1 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 106 sq meters or 1,140 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £1,145,000 results in an estimated price of approximately £1,571,346.
15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £1,145,000 | £426,346 | £1,571,346 |
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 | 6.136 % | £70,255 | £1,215,255 |
3 Month Average | -25.510 % | £-292,089 | £852,910 |
6 Month Average | -8.334 % | £-95,424 | £1,049,575 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £839,692 | £825,000 | FLAT D 26 REDAN PLACE |
4 Aug 2023 | £781,840 | £775,000 | FLAT 2 69 KENSINGTON GARDENS SQUARE |
30 Jun 2023 | £536,499 | £530,000 | FLAT 1 68 KENSINGTON GARDENS SQUARE |
28 Jun 2021 | £901,256 | £840,000 | FLAT 2 64 KENSINGTON GARDENS SQUARE |
15 Feb 2019 | £1,395,853 | £1,130,000 | FLAT 25 GARDEN HOUSE, 86 - 92 KENSINGTON GARDENS SQUARE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 28 Apr 2012. Using an estimated price of £1,571,346 means this house is valued at £14,824 per sq meter (£1,377 per sq foot).
The average size of a house on KENSINGTON GARDENS SQUARE is 68 sq meters (739 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redan Place |
Dec 2023 | Bicycle theft | Under investigation | On or near Redan Place |