£4,406,352
This estimated value is based upon the latest sale price for the house of £2,850,000 on 2 May 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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34A Westbourne Grove, Paddington, W2 5SH
Phone: 02081281868
| Price Paid | Date |
|---|---|
| £2,850,000 | 2 May 2014 |
| £2,350,000 | 7 Feb 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 181 sq meters or 1,948 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £2,850,000 results in an estimated price of approximately £4,406,352.
| 2 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £2,850,000 | £1,556,352 | £4,406,352 |
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 | -2.280 % | £-64,967 | £2,785,032 |
| 3 Month Average | -20.377 % | £-580,753 | £2,269,246 |
| 6 Month Average | 4.644 % | £132,363 | £2,982,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £1,063,599 | £1,050,000 | FLAT 25 50 KENSINGTON GARDENS SQUARE |
| 21 Aug 2023 | £569,986 | £565,000 | FLAT 3 64 WESTBOURNE GROVE |
| 31 Jul 2023 | £750,095 | £740,000 | FLAT 31 50 KENSINGTON GARDENS SQUARE |
| 9 Jun 2023 | £1,518,392 | £1,500,000 | FLAT C 8 GARWAY ROAD |
| 21 Apr 2023 | £657,075 | £650,000 | FLAT 47 50 KENSINGTON GARDENS SQUARE |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 22 Feb 2013. Using an estimated price of £4,406,352 means this house is valued at £24,344 per sq meter (£2,261 per sq foot).
The average size of a house on KENSINGTON GARDENS SQUARE is 68 sq meters (739 sq feet).
This house is the largest in the street with a floor area of 181 sq meters (1,948 sq feet).