£4,792,083
This estimated value is based upon the latest sale price for the house of £3,237,500 on 24 Apr 2015. 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 |
|---|---|
| £3,237,500 | 24 Apr 2015 |
| £396,895 | 30 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £3,237,500 results in an estimated price of approximately £4,792,083.
| 24 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £3,237,500 | £1,554,583 | £4,792,083 |
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 | 7.096 % | £229,725 | £3,467,225 |
| 3 Month Average | -10.804 % | £-349,773 | £2,887,726 |
| 6 Month Average | -11.012 % | £-356,524 | £2,880,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jul 2024 | £1,150,000 | £1,150,000 | 8 REDE PLACE |
| 22 Mar 2024 | £849,045 | £836,000 | BASEMENT FLAT 33A CHEPSTOW PLACE |
| 28 Sep 2023 | £5,981,865 | £5,850,000 | 44 CHEPSTOW PLACE |
| 16 Jan 2023 | £1,002,679 | £1,000,000 | 3 REDE PLACE |
| 2 Sep 2022 | £1,399,065 | £1,400,000 | GROUND FLOOR OFFICE SPACE 1 HEREFORD ROAD |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 15 Jun 2014. Using an estimated price of £4,792,083 means this house is valued at £25,489 per sq meter (£2,368 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 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rede Place |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Rede Place |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rede Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Rede Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Rede Place |