£758,346
This estimated value is based upon the latest sale price for the house of £485,000 on 10 Dec 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Connaught Street, London, W2 2AB
Phone: 02081152461
Price Paid | Date |
---|---|
£485,000 | 10 Dec 2007 |
£249,000 | 28 Nov 2002 |
£140,000 | 3 Sep 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 December 2007 the House Price Index for GREATER LONDON was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £485,000 results in an estimated price of approximately £758,346.
10 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £485,000 | £273,346 | £758,346 |
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 | 90.515 % | £438,999 | £923,999 |
3 Month Average | 53.321 % | £258,605 | £743,605 |
6 Month Average | 53.024 % | £257,164 | £742,164 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £1,125,564 | £1,100,000 | FLAT 85 25 PORCHESTER PLACE |
18 Sep 2023 | £475,482 | £465,000 | FLAT 58 25 PORCHESTER PLACE |
9 Jun 2022 | £761,273 | £745,000 | FLAT 26 25 PORCHESTER PLACE |
21 Mar 2022 | £772,510 | £740,000 | FLAT 76 25 PORCHESTER PLACE |
16 Mar 2022 | £537,626 | £515,000 | FLAT 22 25 PORCHESTER PLACE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 14 Jan 2014. Using an estimated price of £758,347 means this house is valued at £12,853 per sq meter (£1,194 per sq foot).
The average size of a house on PORCHESTER PLACE is 89 sq meters (962 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Kendal Street |