£587,589
This estimated value is based upon the latest sale price for the house of £450,000 on 1 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Norland Square, London, W11 4QJ
Phone: 02034636920
Price Paid | Date |
---|---|
£450,000 | 1 Mar 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £450,000 results in an estimated price of approximately £587,589.
1 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £450,000 | £137,589 | £587,589 |
The Postcode Pricing Model uses changes in average sales price within the W11 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 | -20.762 % | £-93,428 | £356,571 |
3 Month Average | -1.101 % | £-4,952 | £445,047 |
6 Month Average | 1.976 % | £8,890 | £458,890 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £497,632 | £485,000 | FLAT 7 NORLAND SQUARE MANSIONS, 53 NORLAND SQUARE |
21 Aug 2023 | £182,288 | £179,000 | FLAT 3 153 HOLLAND PARK AVENUE |
22 Jun 2023 | £651,557 | £638,500 | FLAT 7 143 HOLLAND PARK AVENUE |
13 Jun 2023 | £5,612 | £5,500 | 149 HOLLAND PARK AVENUE |
2 Jun 2023 | £6,275,767 | £6,150,000 | 40 NORLAND SQUARE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 1 Feb 2017. Using an estimated price of £587,589 means this house is valued at £10,130 per sq meter (£941 per sq foot).
The average size of a house on NORLAND SQUARE is 141 sq meters (1,522 sq feet).