£524,433
This estimated value is based upon the latest sale price for the house of £160,000 on 20 Sep 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
Unit 1 The Colonnades, 15 Porchester Square Mews, London, W2 6AG
Phone: 02036415140
| Price Paid | Date |
|---|---|
| £160,000 | 20 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2001 the House Price Index for GREATER LONDON was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £160,000 results in an estimated price of approximately £524,433.
| 20 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £160,000 | £364,433 | £524,433 |
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 | 257.496 % | £411,992 | £571,992 |
| 3 Month Average | 142.812 % | £228,499 | £388,499 |
| 6 Month Average | 210.404 % | £336,645 | £496,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £507,514 | £500,000 | FLAT 68 WINCHESTER HOUSE HALLFIELD ESTATE |
| 11 Nov 2022 | £366,362 | £370,800 | FLAT 46 READING HOUSE HALLFIELD ESTATE |
| 18 Oct 2022 | £415,526 | £420,000 | FLAT 16 WORCESTER HOUSE HALLFIELD ESTATE |
| 8 Jul 2022 | £338,411 | £337,500 | FLAT 2 WINCHESTER HOUSE HALLFIELD ESTATE |
| 8 Jul 2022 | £369,495 | £368,500 | FLAT 7 READING HOUSE HALLFIELD ESTATE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 8 Aug 2019. Using an estimated price of £524,433 means this house is valued at £9,535 per sq meter (£885 per sq foot).
The average size of a house on HALLFIELD ESTATE is 58 sq meters (634 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | On or near Paddington (Station) | |
| Mar 2024 | Other theft | On or near Paddington (Station) | |
| Mar 2024 | Other theft | On or near Paddington (Station) | |
| Mar 2024 | Drugs | On or near Paddington (Station) | |
| Mar 2024 | Violence and sexual offences | On or near Paddington (Station) |