£4,168,870
This estimated value is based upon the latest sale price for the house of £2,800,000 on 2 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 Westbourne Grove, London, W11 2RR
Phone: 02073133600
| Price Paid | Date |
|---|---|
| £2,800,000 | 2 Feb 2015 |
| Terraced |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £2,800,000 results in an estimated price of approximately £4,168,870.
| 2 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £2,800,000 | £1,368,870 | £4,168,870 |
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 | -5.263 % | £-147,362 | £2,652,637 |
| 3 Month Average | -11.316 % | £-316,840 | £2,483,159 |
| 6 Month Average | -17.964 % | £-502,996 | £2,297,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £5,571,192 | £5,400,000 | 3 NORTHUMBERLAND PLACE |
| 12 Oct 2023 | £1,765,089 | £1,725,000 | FLAT 4 53 CHEPSTOW ROAD |
| 29 Nov 2022 | £502,650 | £505,000 | FLAT 1 57 CHEPSTOW ROAD |
| 24 Jun 2022 | £2,738,539 | £2,680,000 | 30 CHEPSTOW ROAD |
| 7 Feb 2022 | £549,358 | £520,000 | THIRD FLOOR FLAT 43 CHEPSTOW ROAD |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 9 Mar 2014. Using an estimated price of £4,168,870 means this house is valued at £23,959 per sq meter (£2,225 per sq foot).
The average size of a house on CHEPSTOW ROAD is 90 sq meters (978 sq feet).