£1,108,140
This estimated value is based upon the latest sale price for the house of £875,000 on 18 Dec 2017. 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 Orsett Mews
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Unit 1 The Colonnades, 15 Porchester Square Mews, London, W2 6AG
Phone: 02036415140
Price Paid | Date |
---|---|
£875,000 | 18 Dec 2017 |
£550,000 | 1 Dec 2006 |
£435,000 | 29 Jun 2001 |
£167,500 | 24 Jan 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 890 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 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £875,000 results in an estimated price of approximately £1,108,140.
18 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £875,000 | £233,140 | £1,108,140 |
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 | -17.238 % | £-150,834 | £724,165 |
3 Month Average | -18.132 % | £-158,657 | £716,342 |
6 Month Average | -15.871 % | £-138,872 | £736,127 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £557,666 | £545,000 | 165C PORCHESTER TERRACE NORTH |
16 Oct 2023 | £445,621 | £435,500 | 40D ORSETT TERRACE |
15 Aug 2023 | £1,731,224 | £1,700,000 | 163E PORCHESTER TERRACE NORTH |
21 Jun 2023 | £481,652 | £472,000 | 167A PORCHESTER TERRACE NORTH |
27 Jan 2023 | £686,835 | £685,000 | FLAT B 1 PORCHESTER SQUARE |
This house has a floor area of 82 sq meters or 890 sq feet when measured on 6 Jul 2009. Using an estimated price of £1,108,141 means this house is valued at £13,388 per sq meter (£1,243 per sq foot).
The average size of a house on PORCHESTER TERRACE NORTH is 58 sq meters (628 sq feet).
This house is the largest in the street with a floor area of 82 sq meters (890 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Orsett Mews |
Apr 2024 | Burglary | Under investigation | On or near Orsett Mews |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Porchester Square |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Porchester Square |
Apr 2024 | Drugs | Under investigation | On or near Porchester Terrace North |