£989,379
This estimated value is based upon the latest sale price for the house of £258,500 on 28 Apr 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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78 Westbourne Grove, Bayswater, London, W2 5RT
Phone: 02080224555
| Price Paid | Date |
|---|---|
| £258,500 | 28 Apr 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 658 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 April 2000 the House Price Index for GREATER LONDON was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £258,500 results in an estimated price of approximately £989,379.
| 28 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 149.7 | 282.739 % | £258,500 | £730,879 | £989,379 |
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 | 186.326 % | £481,652 | £740,152 |
| 3 Month Average | 230.692 % | £596,340 | £854,840 |
| 6 Month Average | 236.167 % | £610,491 | £868,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £820,836 | £800,000 | FLAT 53 1 CHEPSTOW PLACE |
| 27 Oct 2023 | £972,078 | £950,000 | FLAT 54 1 CHEPSTOW PLACE |
| 31 Mar 2023 | £732,228 | £720,000 | FLAT 71 1 CHEPSTOW PLACE |
| 31 Jan 2023 | £927,478 | £925,000 | FLAT 22 1 CHEPSTOW PLACE |
| 31 Jan 2023 | £1,694,528 | £1,690,000 | FLAT 51 1 CHEPSTOW PLACE |
This house has a floor area of 61 sq meters or 658 sq feet when measured on 27 Oct 2008. Using an estimated price of £989,380 means this house is valued at £16,163 per sq meter (£1,501 per sq foot).
The average size of a house on CHEPSTOW PLACE is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pembridge Villas |
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Pembridge Villas |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pembridge Villas |
| Sep 2024 | Shoplifting | Under investigation | On or near Pembridge Villas |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pembridge Villas |