£1,062,125
This estimated value is based upon the latest sale price for the house of £810,000 on 13 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1 The Colonnades, 15 Porchester Square Mews, London, W2 6AG
Phone: 02036415140
Price Paid | Date |
---|---|
£810,000 | 13 Dec 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 109 sq meters or 1,173 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £810,000 results in an estimated price of approximately £1,062,125.
13 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £810,000 | £252,125 | £1,062,125 |
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 | -23.222 % | £-188,096 | £621,903 |
3 Month Average | -26.709 % | £-216,339 | £593,660 |
6 Month Average | -1.029 % | £-8,332 | £801,667 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jun 2022 | £639,031 | £630,000 | FLAT 2 BISHOPS COURT, 76 BISHOPS BRIDGE ROAD |
28 Apr 2022 | £756,902 | £735,000 | FLAT 25 BISHOPS COURT, 76 BISHOPS BRIDGE ROAD |
4 Apr 2022 | £545,794 | £530,000 | 25B PORCHESTER SQUARE |
31 Mar 2022 | £1,152,842 | £1,112,500 | 9E PORCHESTER SQUARE |
14 Jan 2022 | £515,680 | £490,000 | 25A PORCHESTER SQUARE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 14 Jun 2016. Using an estimated price of £1,062,126 means this house is valued at £9,744 per sq meter (£905 per sq foot).
The average size of a house on PORCHESTER SQUARE is 71 sq meters (773 sq feet).