£384,395
This estimated value is based upon the latest sale price for the house of £83,000 on 23 Oct 1998. 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 |
|---|---|
| £83,000 | 23 Oct 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 23 sq meters or 252 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 October 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £83,000 results in an estimated price of approximately £384,395.
| 23 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £83,000 | £301,395 | £384,395 |
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 | 500.809 % | £415,671 | £498,671 |
| 3 Month Average | 307.146 % | £254,931 | £337,931 |
| 6 Month Average | 400.433 % | £332,359 | £415,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £549,630 | £550,000 | FLAT 6 12 HATHERLEY GROVE |
| 23 Aug 2022 | £610,357 | £612,000 | FLAT 6 22 HATHERLEY GROVE |
| 18 Aug 2022 | £638,282 | £640,000 | FLAT 4 14 HATHERLEY GROVE |
| 14 Jun 2022 | £689,748 | £680,000 | FLAT 1 16 HATHERLEY GROVE |
| 9 May 2022 | £713,772 | £700,323 | FLAT 4 28 HATHERLEY GROVE |
This house has a floor area of 23 sq meters or 252 sq feet when measured on 13 Jul 2009. Using an estimated price of £384,395 means this house is valued at £16,378 per sq meter (£1,521 per sq foot).
The average size of a house on HATHERLEY GROVE is 52 sq meters (569 sq feet).