£1,136,323
This estimated value is based upon the latest sale price for the house of £720,500 on 18 Feb 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Redan House, 27 Redan Place, London, W2 4SA
Phone: 02036414861
| Price Paid | Date |
|---|---|
| £720,500 | 18 Feb 2014 |
| £115,000 | 22 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 57.713%.Applying this 57.713% change to the original purchase price of £720,500 results in an estimated price of approximately £1,136,323.
| 18 Feb 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.0 | 57.713 % | £720,500 | £415,823 | £1,136,323 |
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 | -28.598 % | £-206,050 | £514,449 |
| 3 Month Average | 1.402 % | £10,103 | £730,603 |
| 6 Month Average | 11.554 % | £83,245 | £803,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £830,048 | £825,000 | 25C WESTBOURNE GARDENS |
| 14 Jun 2023 | £1,764,305 | £1,750,000 | FLAT D 32 WESTBOURNE GARDENS |
| 27 Apr 2023 | £1,309,735 | £1,300,000 | 37A WESTBOURNE GARDENS |
| 10 Feb 2023 | £910,693 | £915,000 | 20B WESTBOURNE GARDENS |
| 5 Aug 2022 | £1,350,872 | £1,360,000 | 27A WESTBOURNE PARK ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 24 Apr 2014. Using an estimated price of £1,136,323 means this house is valued at £23,190 per sq meter (£2,154 per sq foot).
The average size of a house on WESTBOURNE GARDENS is 61 sq meters (666 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Westbourne Gardens |
| Mar 2024 | Anti-social behaviour | On or near Westbourne Gardens | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Westbourne Gardens |
| Feb 2024 | Vehicle crime | Under investigation | On or near Westbourne Gardens |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Westbourne Gardens |