£793,421
This estimated value is based upon the latest sale price for the house of £500,000 on 4 Apr 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 London Street, Paddington, London, W2 1HR
Phone: 02081285989
| Price Paid | Date |
|---|---|
| £500,000 | 4 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £500,000 results in an estimated price of approximately £793,421.
| 4 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £500,000 | £293,421 | £793,421 |
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 | 103.740 % | £518,698 | £1,018,698 |
| 3 Month Average | 41.630 % | £208,149 | £708,149 |
| 6 Month Average | 76.226 % | £381,131 | £881,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £501,411 | £495,000 | FLAT 209 MONTGOMERY HOUSE, 135 HARROW ROAD |
| 16 Feb 2023 | £589,603 | £590,000 | FLAT 407 MONTGOMERY HOUSE, 135 HARROW ROAD |
| 28 Oct 2021 | £520,045 | £470,000 | APARTMENT 1 MARSHALL BUILDING, 3 HERMITAGE STREET |
| 21 Aug 2020 | £7,194 | £6,000 | STORAGE UNIT S24 MUNKENBECK BUILDING, 5 HERMITAGE STREET |
| 12 Jun 2020 | £7,266 | £6,000 | STORAGE UNIT S28 MUNKENBECK BUILDING, 5 HERMITAGE STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 10 Apr 2017. Using an estimated price of £793,421 means this house is valued at £8,531 per sq meter (£792 per sq foot).
The average size of a house on HERMITAGE STREET is 82 sq meters (892 sq feet).