£1,998,235
This estimated value is based upon the latest sale price for the house of £1,250,000 on 1 Apr 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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28A Queensway, London, W2 3RX
Phone: 02081158337
| Price Paid | Date |
|---|---|
| £1,250,000 | 1 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 110 sq meters or 1,184 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 April 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,998,235.
| 1 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £1,250,000 | £748,235 | £1,998,235 |
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 | 98.537 % | £1,231,707 | £2,481,707 |
| 3 Month Average | 58.370 % | £729,625 | £1,979,625 |
| 6 Month Average | 61.021 % | £762,759 | £2,012,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £823,757 | £810,000 | FLAT 33 27 INVERNESS TERRACE |
| 18 Feb 2022 | £510,269 | £483,000 | FLAT 1 46 INVERNESS TERRACE |
| 27 Jan 2022 | £1,441,870 | £1,360,000 | 26B INVERNESS TERRACE |
| 21 Jan 2022 | £1,590,297 | £1,500,000 | FLAT 16 31 INVERNESS TERRACE |
| 21 Jan 2022 | £901,169 | £850,000 | FLAT 7 26 INVERNESS TERRACE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 6 Oct 2021. Using an estimated price of £1,998,236 means this house is valued at £18,165 per sq meter (£1,687 per sq foot).
The average size of a house on INVERNESS TERRACE is 81 sq meters (881 sq feet).