£918,170
This estimated value is based upon the latest sale price for the house of £800,000 on 18 Dec 2020. 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 |
---|---|
£800,000 | 18 Dec 2020 |
£569,950 | 18 Mar 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £800,000 results in an estimated price of approximately £918,170.
18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £800,000 | £118,170 | £918,170 |
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 | 21.795 % | £174,356 | £974,356 |
3 Month Average | -20.539 % | £-164,312 | £635,687 |
6 Month Average | -6.106 % | £-48,851 | £751,148 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2023 | £947,931 | £939,000 | APARTMENT 59 11 SHELDON SQUARE |
1 Mar 2023 | £757,133 | £750,000 | APARTMENT 55 11 SHELDON SQUARE |
18 Jan 2023 | £870,898 | £875,000 | APARTMENT 24 11 SHELDON SQUARE |
17 Aug 2022 | £583,430 | £585,000 | APARTMENT 5 11 SHELDON SQUARE |
20 Apr 2022 | £1,235,759 | £1,200,000 | APARTMENT 10 11 SHELDON SQUARE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Jan 2020. Using an estimated price of £918,171 means this house is valued at £13,116 per sq meter (£1,218 per sq foot).
The average size of a house on SHELDON SQUARE is 87 sq meters (942 sq feet).