£656,330
This estimated value is based upon the latest sale price for the house of £427,000 on 5 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Kingdom Street, Paddington, London, W2 6BD
Phone: 02045164926
Price Paid | Date |
---|---|
£427,000 | 5 Jun 2014 |
£250,000 | 1 May 2007 |
£165,914 | 24 May 2005 |
£125,000 | 17 Apr 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 383 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £427,000 results in an estimated price of approximately £656,330.
5 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £427,000 | £229,330 | £656,330 |
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 | -40.124 % | £-171,330 | £255,669 |
3 Month Average | -13.505 % | £-57,665 | £369,334 |
6 Month Average | 1.440 % | £6,146 | £433,146 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2023 | £334,046 | £330,000 | FLAT 28 4 ORSETT TERRACE |
3 Aug 2022 | £718,067 | £720,000 | FLAT 3 16 ORSETT TERRACE |
5 May 2022 | £366,914 | £360,000 | 39 WESTBOURNE COURT ORSETT TERRACE |
30 Mar 2022 | £518,131 | £500,000 | 83 WESTBOURNE COURT ORSETT TERRACE |
9 Sep 2020 | £237,476 | £200,000 | 52 WESTBOURNE COURT ORSETT TERRACE |
This house has a floor area of 35 sq meters or 383 sq feet when measured on 10 Sep 2009. Using an estimated price of £656,331 means this house is valued at £18,431 per sq meter (£1,712 per sq foot).
The average size of a house on ORSETT TERRACE is 45 sq meters (486 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Orsett Terrace | |
Jan 2024 | Anti-social behaviour | On or near Orsett Terrace | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Orsett Terrace |
Jan 2024 | Anti-social behaviour | On or near Orsett Terrace | |
Jan 2024 | Anti-social behaviour | On or near Orsett Terrace |