£604,829
This estimated value is based upon the latest sale price for the house of £350,000 on 11 Jan 2011. 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 |
---|---|
£350,000 | 11 Jan 2011 |
£222,000 | 14 Jun 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 855 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 January 2011 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £350,000 results in an estimated price of approximately £604,829.
11 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.808 % | £350,000 | £254,829 | £604,829 |
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 | 59.017 % | £206,558 | £556,558 |
3 Month Average | 23.734 % | £83,069 | £433,069 |
6 Month Average | 23.544 % | £82,404 | £432,404 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2023 | £518,463 | £515,000 | 58 JOHN AIRD COURT |
4 Nov 2022 | £338,418 | £340,000 | 145 JOHN AIRD COURT |
11 May 2022 | £451,770 | £440,000 | 171 JOHN AIRD COURT |
14 Feb 2022 | £544,075 | £515,000 | 28 JOHN AIRD COURT |
26 Nov 2021 | £591,064 | £542,500 | 126 JOHN AIRD COURT |
This house has a floor area of 79 sq meters or 855 sq feet when measured on 3 Dec 2008. Using an estimated price of £604,830 means this house is valued at £7,608 per sq meter (£706 per sq foot).
The average size of a house on JOHN AIRD COURT is 68 sq meters (734 sq feet).