£568,154
This estimated value is based upon the latest sale price for the house of £414,000 on 20 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Kensington Mall, London, W8 4EB
Phone: 02081158362
Price Paid | Date |
---|---|
£414,000 | 20 Jan 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 31 sq meters or 333 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £414,000 results in an estimated price of approximately £568,154.
20 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £414,000 | £154,154 | £568,154 |
The Postcode Pricing Model uses changes in average sales price within the W8 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 | -71.844 % | £-297,435 | £116,564 |
3 Month Average | -33.315 % | £-137,923 | £276,076 |
6 Month Average | -10.017 % | £-41,468 | £372,531 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £534,678 | £530,000 | 31 MALL CHAMBERS |
14 Jul 2023 | £542,299 | £535,000 | 12 MALL CHAMBERS |
23 Jun 2023 | £602,296 | £595,000 | 41 MALL CHAMBERS |
4 Oct 2022 | £385,153 | £389,300 | FLAT 94 BROADWALK COURT, 79 PALACE GARDENS TERRACE |
8 Aug 2022 | £473,725 | £475,000 | 37 MALL CHAMBERS |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 17 Dec 2016. Using an estimated price of £568,155 means this house is valued at £18,327 per sq meter (£1,702 per sq foot).
The average size of a house on PALACE GARDENS TERRACE is 94 sq meters (1,012 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near West Mall |
Apr 2024 | Anti-social behaviour | On or near West Mall | |
Feb 2024 | Theft from the person | Under investigation | On or near West Mall |
Feb 2024 | Other theft | Under investigation | On or near West Mall |
Feb 2024 | Other theft | Under investigation | On or near West Mall |