£1,156,261
This estimated value is based upon the latest sale price for the house of £1,130,000 on 17 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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78 Westbourne Grove, Bayswater, London, W2 5RT
Phone: 02080224555
| Price Paid | Date |
|---|---|
| £1,130,000 | 17 Oct 2023 |
| £435,000 | 18 May 2011 |
| Leasehold |
| Floor Area: 38 sq meters or 415 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 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £1,130,000 results in an estimated price of approximately £1,156,261.
| 17 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £1,130,000 | £26,261 | £1,156,261 |
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 | -16.414 % | £-185,482 | £944,517 |
| 3 Month Average | -6.861 % | £-77,532 | £1,052,467 |
| 6 Month Average | -14.058 % | £-158,855 | £971,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £197,001 | £192,000 | FLAT 16 HEREFORD MANSIONS HEREFORD ROAD |
| 17 Oct 2023 | £1,156,261 | £1,130,000 | FLAT 3 38 HEREFORD ROAD |
| 5 Oct 2023 | £5,576,657 | £5,450,000 | 5 KILDARE TERRACE |
| 2 Oct 2023 | £339,716 | £332,000 | FLAT 5 HEREFORD MANSIONS HEREFORD ROAD |
| 21 Sep 2023 | £1,482,685 | £1,450,000 | FLAT 4 38 HEREFORD ROAD |
This house has a floor area of 38 sq meters or 415 sq feet when measured on 13 Nov 2010. Using an estimated price of £1,156,261 means this house is valued at £29,931 per sq meter (£2,780 per sq foot).
The average size of a house on HEREFORD ROAD is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Hereford Mews |
| Apr 2024 | Shoplifting | Under investigation | On or near Hereford Mews |
| Apr 2024 | Shoplifting | Under investigation | On or near Hereford Mews |
| Apr 2024 | Shoplifting | Under investigation | On or near Hereford Mews |