£2,136,388
This estimated value is based upon the latest sale price for the house of £2,030,000 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Mortlake Terrace, London, TW9 3DT
Phone: 02089396070
| Price Paid | Date |
|---|---|
| £2,030,000 | 31 Jan 2022 |
| £1,535,000 | 30 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 183 sq meters or 1,969 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 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £2,030,000 results in an estimated price of approximately £2,136,388.
| 31 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £2,030,000 | £106,388 | £2,136,388 |
The Postcode Pricing Model uses changes in average sales price within the TW9 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 | 133.803 % | £2,716,209 | £4,746,209 |
| 3 Month Average | 22.349 % | £453,688 | £2,483,688 |
| 6 Month Average | -2.609 % | £-52,971 | £1,977,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £1,358,600 | £1,365,000 | 55 GLOUCESTER ROAD |
| 25 Nov 2022 | £1,078,190 | £1,091,250 | 14 FOREST ROAD |
| 20 May 2022 | £774,595 | £760,000 | 44 GLOUCESTER ROAD |
| 31 Jan 2022 | £2,136,388 | £2,030,000 | 1 FOREST ROAD |
| 3 Sep 2021 | £1,804,967 | £1,675,000 | 70 FOREST ROAD |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 24 Oct 2016. Using an estimated price of £2,136,388 means this house is valued at £11,674 per sq meter (£1,084 per sq foot).
The average size of a house on FOREST ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Kent Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Kenmore Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Forest Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Defoe Avenue |