£4,896,898
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
There have been two burglaries within the last year on or near Rede Place
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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 67.7.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 51.256%.Applying this 51.256% change to the original purchase price of £3,237,500 results in an estimated price of approximately £4,896,898.
24 Apr 2015 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.7 | 102.4 | 51.256 % | £3,237,500 | £1,659,398 | £4,896,898 |
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 | -26.673 % | £-863,549 | £2,373,950 |
3 Month Average | 0.098 % | £3,180 | £3,240,680 |
6 Month Average | -0.968 % | £-31,347 | £3,206,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 May 2024 | £1,710,122 | £1,650,000 | FLAT 23 27 HEREFORD ROAD |
22 Mar 2024 | £874,427 | £836,000 | BASEMENT FLAT 33A CHEPSTOW PLACE |
17 Nov 2023 | £986,230 | £940,000 | FLAT 8 63 - 64 LEINSTER SQUARE |
28 Sep 2023 | £6,106,422 | £5,850,000 | 44 CHEPSTOW PLACE |
16 Jan 2023 | £1,024,000 | £1,000,000 | 3 REDE PLACE |
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 £4,896,898 means this house is valued at £26,047 per sq meter (£2,419 per sq foot).
The average size of a house on CHEPSTOW PLACE is 110 sq meters (1,189 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Burglary | Under investigation | On or near Rede Place |
Dec 2024 | Burglary | Unable to prosecute suspect | On or near Rede Place |
Jan 2025 | Anti-social behaviour | On or near Chepstow Place | |
Jan 2025 | Other theft | Investigation complete; no suspect identified | On or near Chepstow Place |
Jan 2025 | Anti-social behaviour | On or near Chepstow Place |