£1,710,535
This estimated value is based upon the latest sale price for the house of £1,400,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries 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 |
|---|---|
| £1,400,000 | 19 Dec 2019 |
| £1,800,000 | 31 Aug 2017 |
| £630,000 | 27 Aug 2004 |
| £428,000 | 8 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £1,400,000 results in an estimated price of approximately £1,710,535.
| 19 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £1,400,000 | £310,535 | £1,710,535 |
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 | -48.966 % | £-685,522 | £714,477 |
| 3 Month Average | -11.505 % | £-161,075 | £1,238,924 |
| 6 Month Average | -0.513 % | £-7,175 | £1,392,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £1,681,818 | £1,650,000 | FLAT 12 29 HEREFORD ROAD |
| 21 Jul 2023 | £46,439 | £46,000 | 1 HEREFORD ROAD |
| 21 Jun 2023 | £1,587,875 | £1,575,000 | FLAT 18 29 HEREFORD ROAD |
| 7 Jul 2022 | £1,573,873 | £1,576,000 | FLAT 13 27 HEREFORD ROAD |
| 9 Feb 2022 | £219,337 | £210,000 | FLAT D 9 HEREFORD ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 26 May 2017. Using an estimated price of £1,710,536 means this house is valued at £16,447 per sq meter (£1,528 per sq foot).
The average size of a house on HEREFORD ROAD is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Rede Place |
| Mar 2024 | Other theft | Under investigation | On or near Rede Place |
| Feb 2024 | Other theft | Under investigation | On or near Rede Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rede Place |
| Apr 2024 | Theft from the person | Under investigation | On or near Hereford Road |