£3,707,336
This estimated value is based upon the latest sale price for the house of £2,925,000 on 26 Sep 2017. 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 |
|---|---|
| £2,925,000 | 26 Sep 2017 |
| £1,450,000 | 10 Jul 2009 |
| Terraced |
| Freehold |
| Floor Area: 194 sq meters or 2,088 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £2,925,000 results in an estimated price of approximately £3,707,336.
| 26 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £2,925,000 | £782,336 | £3,707,336 |
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 | -26.669 % | £-780,076 | £2,144,923 |
| 3 Month Average | -32.090 % | £-938,625 | £1,986,374 |
| 6 Month Average | -10.598 % | £-309,979 | £2,615,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2022 | £498,658 | £500,000 | FLAT 1 24 QUEENSBOROUGH TERRACE |
| 12 Aug 2022 | £1,296,510 | £1,300,000 | 17 QUEENSBOROUGH MEWS |
| 11 Feb 2022 | £1,258,433 | £1,200,000 | FLAT 10 BEAUFORT HOUSE, 25 - 29 QUEENSBOROUGH TERRACE |
| 3 Jan 2022 | £2,683,640 | £2,550,000 | 3 FULTON MEWS |
| 5 Oct 2020 | £3,431,268 | £2,925,000 | 8 FULTON MEWS |
This house has a floor area of 194 sq meters or 2,088 sq feet when measured on 16 Nov 2016. Using an estimated price of £3,707,337 means this house is valued at £19,109 per sq meter (£1,775 per sq foot).
The average size of a house on FULTON MEWS is 159 sq meters (1,711 sq feet).