£441,502
This estimated value is based upon the latest sale price for the house of £430,000 on 19 May 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
Unit 1 The Colonnades, 15 Porchester Square Mews, London, W2 6AG
Phone: 02036415140
| Price Paid | Date |
|---|---|
| £430,000 | 19 May 2022 |
| £645,000 | 21 Oct 2014 |
| £245,000 | 3 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £430,000 results in an estimated price of approximately £441,502.
| 19 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £430,000 | £11,502 | £441,502 |
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 | 5.139 % | £22,097 | £452,097 |
| 3 Month Average | -22.778 % | £-97,943 | £332,056 |
| 6 Month Average | -27.605 % | £-118,699 | £311,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £475,000 | £475,000 | 220C GLOUCESTER TERRACE |
| 19 May 2022 | £441,502 | £430,000 | 27D PORCHESTER SQUARE |
| 4 Apr 2022 | £549,834 | £530,000 | 25B PORCHESTER SQUARE |
| 31 Mar 2022 | £1,161,376 | £1,112,500 | 9E PORCHESTER SQUARE |
| 14 Jan 2022 | £519,497 | £490,000 | 25A PORCHESTER SQUARE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 10 Sep 2016. Using an estimated price of £441,502 means this house is valued at £8,490 per sq meter (£788 per sq foot).
The average size of a house on PORCHESTER SQUARE is 71 sq meters (773 sq feet).