£1,461,008
This estimated value is based upon the latest sale price for the house of £1,001,006 on 15 May 2015. 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 Parking Area
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40 Connaught Street, London, W2 2AB
Phone: 02081152461
| Price Paid | Date |
|---|---|
| £1,001,006 | 15 May 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £1,001,006 results in an estimated price of approximately £1,461,008.
| 15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £1,001,006 | £460,002 | £1,461,008 |
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 | -0.562 % | £-5,624 | £995,381 |
| 3 Month Average | -22.477 % | £-225,000 | £776,005 |
| 6 Month Average | -6.358 % | £-63,647 | £937,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £471,022 | £465,000 | FLAT 58 25 PORCHESTER PLACE |
| 9 Jun 2022 | £755,679 | £745,000 | FLAT 26 25 PORCHESTER PLACE |
| 21 Mar 2022 | £766,834 | £740,000 | FLAT 76 25 PORCHESTER PLACE |
| 16 Mar 2022 | £533,675 | £515,000 | FLAT 22 25 PORCHESTER PLACE |
| 27 Sep 2020 | £1,692,019 | £1,425,000 | GROUND FLOOR FLAT B 25 PORCHESTER PLACE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 18 Jul 2014. Using an estimated price of £1,461,008 means this house is valued at £19,743 per sq meter (£1,834 per sq foot).
The average size of a house on PORCHESTER PLACE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Burglary | Under investigation | On or near Parking Area |
| Dec 2023 | Theft from the person | Under investigation | On or near Parking Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kendal Street |