£549,092
This estimated value is based upon the latest sale price for the house of £447,000 on 1 Jul 2019. 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 Porchester Square
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Unit 1 The Colonnades, 15 Porchester Square Mews, London, W2 6AG
Phone: 02036415140
| Price Paid | Date |
|---|---|
| £447,000 | 1 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £447,000 results in an estimated price of approximately £549,092.
| 1 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £447,000 | £102,092 | £549,092 |
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 | -45.444 % | £-203,133 | £243,866 |
| 3 Month Average | -2.274 % | £-10,165 | £436,834 |
| 6 Month Average | -3.265 % | £-14,595 | £432,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2022 | £543,590 | £530,000 | 25B PORCHESTER SQUARE |
| 16 Sep 2021 | £383,147 | £357,000 | 258B GLOUCESTER TERRACE |
| 31 Aug 2021 | £750,000 | £675,000 | 22C PORCHESTER SQUARE |
| 18 Aug 2021 | £433,333 | £390,000 | 242B GLOUCESTER TERRACE |
| 11 Aug 2021 | £11,111 | £10,000 | 2 VAULTS AND HALF A VAULT AREA, 222A GLOUCESTER TERRACE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 13 Sep 2018. Using an estimated price of £549,092 means this house is valued at £12,479 per sq meter (£1,159 per sq foot).
The average size of a house on GLOUCESTER TERRACE is 63 sq meters (679 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Mar 2024 | Burglary | Under investigation | On or near Porchester Square |
| Mar 2024 | Burglary | Under investigation | On or near Porchester Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Porchester Square |