£961,808
This estimated value is based upon the latest sale price for the house of £265,000 on 19 Dec 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4a Wellington Terrace, Notting Hill Gate, W2 4LW
Phone: 02034632542
Price Paid | Date |
---|---|
£265,000 | 19 Dec 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 143 sq meters or 1,539 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 2000 the House Price Index for GREATER LONDON was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £265,000 results in an estimated price of approximately £961,808.
19 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.2 | 149.7 | 262.947 % | £265,000 | £696,808 | £961,808 |
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 | 251.450 % | £666,341 | £931,341 |
3 Month Average | 207.648 % | £550,267 | £815,267 |
6 Month Average | 209.416 % | £554,953 | £819,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £720,891 | £705,000 | FLAT 1 15 CLANRICARDE GARDENS |
17 Aug 2023 | £2,240,408 | £2,200,000 | 9 OSSINGTON STREET |
28 Jun 2023 | £3,893,016 | £3,815,000 | 23 OSSINGTON STREET |
20 Jun 2023 | £1,107,188 | £1,085,000 | FLAT 1 23 CLANRICARDE GARDENS |
19 Apr 2023 | £1,171,920 | £1,150,000 | BASEMENT FLAT 21 CLANRICARDE GARDENS |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 21 Sep 2012. Using an estimated price of £961,808 means this house is valued at £6,725 per sq meter (£624 per sq foot).
The average size of a house on CLANRICARDE GARDENS is 66 sq meters (717 sq feet).