£730,051
This estimated value is based upon the latest sale price for the house of £580,000 on 15 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1 The Colonnades, 15 Porchester Square Mews, London, W2 6AG
Phone: 02036415140
| Price Paid | Date |
|---|---|
| £580,000 | 15 Feb 2018 |
| £515,000 | 4 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £580,000 results in an estimated price of approximately £730,051.
| 15 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £580,000 | £150,051 | £730,051 |
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 | 48.855 % | £283,361 | £863,361 |
| 3 Month Average | -17.409 % | £-100,973 | £479,026 |
| 6 Month Average | -16.576 % | £-96,141 | £483,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £557,666 | £545,000 | 165C PORCHESTER TERRACE NORTH |
| 16 Oct 2023 | £445,621 | £435,500 | 40D ORSETT TERRACE |
| 15 Aug 2023 | £1,731,224 | £1,700,000 | 163E PORCHESTER TERRACE NORTH |
| 21 Jun 2023 | £481,652 | £472,000 | 167A PORCHESTER TERRACE NORTH |
| 29 Sep 2022 | £1,274,149 | £1,275,000 | FIRST FLOOR FLAT 17C ORSETT TERRACE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 9 Oct 2015. Using an estimated price of £730,052 means this house is valued at £16,977 per sq meter (£1,577 per sq foot).
The average size of a house on ORSETT TERRACE is 45 sq meters (486 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Porchester Terrace North |
| Apr 2024 | Burglary | Under investigation | On or near Orsett Mews |
| Apr 2024 | Burglary | Under investigation | On or near Orsett Mews |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near A4206 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near A4206 |