£639,030
This estimated value is based upon the latest sale price for the house of £630,000 on 27 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary 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 |
|---|---|
| £630,000 | 27 Jun 2022 |
| £500,000 | 28 Sep 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 June 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £630,000 results in an estimated price of approximately £639,030.
| 27 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £630,000 | £9,030 | £639,030 |
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 | 61.929 % | £390,152 | £1,020,152 |
| 3 Month Average | -25.477 % | £-160,505 | £469,494 |
| 6 Month Average | -7.025 % | £-44,255 | £585,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £1,715,003 | £1,700,000 | 163E PORCHESTER TERRACE NORTH |
| 24 Jul 2023 | £1,109,939 | £1,095,000 | 169B PORCHESTER TERRACE NORTH |
| 17 Jul 2023 | £628,458 | £620,000 | 215C GLOUCESTER TERRACE |
| 21 Jun 2023 | £477,787 | £472,000 | 167A PORCHESTER TERRACE NORTH |
| 27 Jan 2023 | £681,788 | £685,000 | FLAT B 1 PORCHESTER SQUARE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 9 Jul 2020. Using an estimated price of £639,031 means this house is valued at £14,861 per sq meter (£1,380 per sq foot).
The average size of a house on GLOUCESTER TERRACE is 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Orsett Mews |