£543,072
This estimated value is based upon the latest sale price for the house of £535,000 on 25 May 2022. 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 |
|---|---|
| £535,000 | 25 May 2022 |
| £395,000 | 6 May 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £535,000 results in an estimated price of approximately £543,072.
| 25 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £535,000 | £8,072 | £543,072 |
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 | -43.315 % | £-231,735 | £303,264 |
| 3 Month Average | -23.338 % | £-124,860 | £410,139 |
| 6 Month Average | -20.679 % | £-110,634 | £424,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2022 | £1,259,680 | £1,275,000 | FIRST FLOOR FLAT 17C ORSETT TERRACE |
| 25 May 2022 | £543,073 | £535,000 | 23B ORSETT TERRACE |
| 4 Feb 2022 | £517,008 | £495,000 | 22C ORSETT TERRACE |
| 14 Jan 2022 | £1,152,975 | £1,100,000 | 24B ORSETT TERRACE |
| 30 Sep 2021 | £413,198 | £385,000 | 3A ORSETT TERRACE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 3 Feb 2015. Using an estimated price of £543,073 means this house is valued at £14,677 per sq meter (£1,363 per sq foot).
The average size of a house on ORSETT TERRACE is 45 sq meters (486 sq feet).