£847,528
This estimated value is based upon the latest sale price for the house of £630,000 on 23 Mar 2016. 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 |
|---|---|
| £630,000 | 23 Mar 2016 |
| £270,000 | 15 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.528%.Applying this 34.528% change to the original purchase price of £630,000 results in an estimated price of approximately £847,528.
| 23 Mar 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.0 | 34.528 % | £630,000 | £217,528 | £847,528 |
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 | -35.393 % | £-222,976 | £407,023 |
| 3 Month Average | -3.715 % | £-23,402 | £606,597 |
| 6 Month Average | -3.308 % | £-20,838 | £609,161 |
| 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 |
| 24 Jul 2020 | £993,564 | £825,000 | FLAT 65 25 PORCHESTER PLACE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 15 Mar 2013. Using an estimated price of £847,529 means this house is valued at £14,612 per sq meter (£1,357 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 | Other crime | Under investigation | On or near Parking Area |
| 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 | Vehicle crime | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |