£761,111
This estimated value is based upon the latest sale price for the house of £685,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1 The Colonnades, 15 Porchester Square Mews, London, W2 6AG
Phone: 02036415140
| Price Paid | Date |
|---|---|
| £685,000 | 27 Aug 2021 |
| £495,000 | 22 Jul 2011 |
| £245,000 | 7 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 August 2021 the House Price Index for GREATER LONDON was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £685,000 results in an estimated price of approximately £761,111.
| 27 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £685,000 | £76,111 | £761,111 |
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 | -67.745 % | £-464,053 | £220,946 |
| 3 Month Average | -4.972 % | £-34,059 | £650,940 |
| 6 Month Average | 2.726 % | £18,671 | £703,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £913,643 | £905,000 | 29E PORCHESTER SQUARE |
| 19 May 2022 | £436,488 | £430,000 | 27D PORCHESTER SQUARE |
| 4 Apr 2022 | £543,590 | £530,000 | 25B PORCHESTER SQUARE |
| 31 Mar 2022 | £1,148,187 | £1,112,500 | 9E PORCHESTER SQUARE |
| 14 Jan 2022 | £513,598 | £490,000 | 25A PORCHESTER SQUARE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 18 May 2021. Using an estimated price of £761,111 means this house is valued at £15,856 per sq meter (£1,473 per sq foot).
The average size of a house on PORCHESTER SQUARE is 71 sq meters (773 sq feet).