£2,851,402
This estimated value is based upon the latest sale price for the house of £2,240,000 on 18 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Norland Square, London, W11 4QJ
Phone: 02034636920
Price Paid | Date |
---|---|
£2,240,000 | 18 May 2017 |
£980,000 | 27 Mar 2002 |
Terraced |
Freehold |
Floor Area: 199 sq meters or 2,142 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 May 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 27.295%.Applying this 27.295% change to the original purchase price of £2,240,000 results in an estimated price of approximately £2,851,402.
18 May 2017 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 147.0 | 27.295 % | £2,240,000 | £611,402 | £2,851,402 |
The Postcode Pricing Model uses changes in average sales price within the W14 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 | -24.560 % | £-550,152 | £1,689,847 |
3 Month Average | -26.906 % | £-602,703 | £1,637,296 |
6 Month Average | -0.878 % | £-19,676 | £2,220,323 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2023 | £3,126,493 | £3,135,000 | 131 WOODSFORD SQUARE |
21 Jul 2022 | £3,283,462 | £3,312,500 | 64 WOODSFORD SQUARE |
15 Jul 2022 | £3,048,044 | £3,075,000 | 91 WOODSFORD SQUARE |
15 Feb 2022 | £2,729,704 | £2,635,000 | 98 WOODSFORD SQUARE |
20 Dec 2021 | £667,219 | £630,000 | 97 WOODSFORD SQUARE |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 7 Jun 2013. Using an estimated price of £2,851,403 means this house is valued at £14,328 per sq meter (£1,331 per sq foot).
The average size of a house on WOODSFORD SQUARE is 218 sq meters (2,352 sq feet).