£673,820
This estimated value is based upon the latest sale price for the house of £365,000 on 24 Jun 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4a Wellington Terrace, Notting Hill Gate, W2 4LW
Phone: 02034632542
| Price Paid | Date |
|---|---|
| £365,000 | 24 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 June 2005 the House Price Index for GREATER LONDON was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £365,000 results in an estimated price of approximately £673,820.
| 24 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £365,000 | £308,820 | £673,820 |
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 | 179.306 % | £654,468 | £1,019,468 |
| 3 Month Average | 103.602 % | £378,145 | £743,145 |
| 6 Month Average | 138.505 % | £505,541 | £870,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £2,207,685 | £2,175,000 | FLAT 7 22 PALACE COURT |
| 14 Apr 2023 | £743,000 | £735,000 | 47 OSSINGTON STREET |
| 23 Jan 2023 | £855,968 | £860,000 | FIRST FLOOR FLAT 49 OSSINGTON STREET |
| 6 Jan 2023 | £1,811,467 | £1,820,000 | 26 PALACE COURT |
| 18 Jul 2022 | £3,258,772 | £3,250,000 | FLAT C 24 PALACE COURT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Aug 2018. Using an estimated price of £673,821 means this house is valued at £9,358 per sq meter (£869 per sq foot).
The average size of a house on PALACE COURT is 136 sq meters (1,467 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Ossington Close | |
| Dec 2023 | Anti-social behaviour | On or near Ossington Close | |
| Dec 2023 | Anti-social behaviour | On or near Ossington Close | |
| Dec 2023 | Anti-social behaviour | On or near Ossington Close | |
| Dec 2023 | Anti-social behaviour | On or near Further/Higher Educational Building |