£914,973
This estimated value is based upon the latest sale price for the house of £246,000 on 3 Jul 2000. 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 Rede Place
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78 Westbourne Grove, Bayswater, London, W2 5RT
Phone: 02080224555
| Price Paid | Date |
|---|---|
| £246,000 | 3 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 July 2000 the House Price Index for GREATER LONDON was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £246,000 results in an estimated price of approximately £914,973.
| 3 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.6 | 271.941 % | £246,000 | £668,973 | £914,973 |
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 | 337.113 % | £829,297 | £1,075,297 |
| 3 Month Average | 193.183 % | £475,230 | £721,230 |
| 6 Month Average | 249.666 % | £614,179 | £860,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £1,679,384 | £1,650,000 | FLAT 12 29 HEREFORD ROAD |
| 21 Jun 2023 | £1,594,312 | £1,575,000 | FLAT 18 29 HEREFORD ROAD |
| 7 Jul 2022 | £1,580,254 | £1,576,000 | FLAT 13 27 HEREFORD ROAD |
| 9 Feb 2022 | £220,226 | £210,000 | FLAT D 9 HEREFORD ROAD |
| 1 Feb 2022 | £1,756,563 | £1,675,000 | FLAT 15 29 HEREFORD ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 8 Jun 2021. Using an estimated price of £914,974 means this house is valued at £17,263 per sq meter (£1,603 per sq foot).
The average size of a house on HEREFORD ROAD is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rede Place |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Rede Place |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Hereford Road |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Hereford Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hereford Road |