£1,383,177
This estimated value is based upon the latest sale price for the house of £1,400,000 on 2 Sep 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Rede Place
More crime details
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78 Westbourne Grove, Bayswater, London, W2 5RT
Phone: 02080224555
| Price Paid | Date |
|---|---|
| £1,400,000 | 2 Sep 2022 |
| £490,000 | 25 Apr 2018 |
| Flats/Maisonettes |
| Leasehold |
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 September 2022 the House Price Index for GREATER LONDON was 149.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.202%.Applying this -1.202% change to the original purchase price of £1,400,000 results in an estimated price of approximately £1,383,177.
| 2 Sep 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.0 | -1.202 % | £1,400,000 | £-16,822 | £1,383,177 |
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 | -38.329 % | £-536,606 | £863,393 |
| 3 Month Average | -18.695 % | £-261,735 | £1,138,264 |
| 6 Month Average | -15.340 % | £-214,761 | £1,185,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £838,834 | £836,000 | BASEMENT FLAT 33A CHEPSTOW PLACE |
| 17 Nov 2023 | £952,224 | £940,000 | FLAT 8 63 - 64 LEINSTER SQUARE |
| 21 Jul 2023 | £46,439 | £46,000 | 1 HEREFORD ROAD |
| 21 Jul 2023 | £1,164,011 | £1,153,000 | FLAT 4 63 - 64 LEINSTER SQUARE |
| 17 Feb 2023 | £776,328 | £780,000 | FLAT 3 63 - 64 LEINSTER SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Rede Place |
| Mar 2024 | Other theft | Under investigation | On or near Rede Place |
| Feb 2024 | Other theft | Under investigation | On or near Rede Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rede Place |
| Apr 2024 | Vehicle crime | Under investigation | On or near Chepstow Place |