£888,861
This estimated value is based upon the latest sale price for the house of £575,000 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 |
|---|---|
| £575,000 | 10 Dec 2007 |
| £340,000 | 11 Oct 2002 |
| £170,000 | 20 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 Apr 2024 is 148.0 which is a change of 54.585%.Applying this 54.585% change to the original purchase price of £575,000 results in an estimated price of approximately £888,861.
| 10 Dec 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.0 | 54.585 % | £575,000 | £313,861 | £888,861 |
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 | 2.715 % | £15,610 | £590,610 |
| 3 Month Average | 52.207 % | £300,192 | £875,192 |
| 6 Month Average | 67.662 % | £389,056 | £964,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2022 | £752,628 | £745,000 | FLAT 26 25 PORCHESTER PLACE |
| 21 Mar 2022 | £763,738 | £740,000 | FLAT 76 25 PORCHESTER PLACE |
| 16 Mar 2022 | £531,520 | £515,000 | FLAT 22 25 PORCHESTER PLACE |
| 27 Sep 2020 | £1,685,187 | £1,425,000 | GROUND FLOOR FLAT B 25 PORCHESTER PLACE |
| 10 Aug 2020 | £895,668 | £750,000 | FLAT 59 25 PORCHESTER PLACE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 4 Oct 2016. Using an estimated price of £888,861 means this house is valued at £11,695 per sq meter (£1,086 per sq foot).
The average size of a house on PORCHESTER PLACE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Mar 2024 | Other crime | Under investigation | On or near Parking Area |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |