£1,406,185
This estimated value is based upon the latest sale price for the house of £1,130,000 on 15 Feb 2019. 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 |
|---|---|
| £1,130,000 | 15 Feb 2019 |
| Flats/Maisonettes |
| Leasehold |
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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £1,130,000 results in an estimated price of approximately £1,406,185.
| 15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £1,130,000 | £276,185 | £1,406,185 |
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 | 38.541 % | £435,514 | £1,565,514 |
| 3 Month Average | -8.915 % | £-100,744 | £1,029,255 |
| 6 Month Average | -13.239 % | £-149,605 | £980,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £961,845 | £940,000 | FLAT 84 50 KENSINGTON GARDENS SQUARE |
| 27 Sep 2023 | £1,073,668 | £1,050,000 | FLAT 25 50 KENSINGTON GARDENS SQUARE |
| 4 Aug 2023 | £789,235 | £775,000 | FLAT 2 69 KENSINGTON GARDENS SQUARE |
| 30 Jun 2023 | £540,838 | £530,000 | FLAT 1 68 KENSINGTON GARDENS SQUARE |
| 21 Apr 2023 | £662,389 | £650,000 | FLAT 47 50 KENSINGTON GARDENS SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Kensington Gardens Square |
| Apr 2024 | Public order | Under investigation | On or near Kensington Gardens Square |
| Apr 2024 | Drugs | Under investigation | On or near Redan Place |
| Apr 2024 | Other theft | Under investigation | On or near Parking Area |