£1,964,126
This estimated value is based upon the latest sale price for the house of £1,600,000 on 8 Apr 2020. 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 |
|---|---|
| £1,600,000 | 8 Apr 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 April 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £1,600,000 results in an estimated price of approximately £1,964,126.
| 8 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £1,600,000 | £364,126 | £1,964,126 |
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 | -62.163 % | £-994,607 | £605,392 |
| 3 Month Average | -35.287 % | £-564,594 | £1,035,405 |
| 6 Month Average | -16.013 % | £-256,211 | £1,343,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £1,531,802 | £1,505,000 | FLAT 2 17 PALACE COURT |
| 17 Aug 2023 | £2,219,416 | £2,200,000 | 9 OSSINGTON STREET |
| 28 Jun 2023 | £3,861,778 | £3,815,000 | 23 OSSINGTON STREET |
| 9 Jun 2023 | £1,062,875 | £1,050,000 | FLAT 4 SAXON HALL PALACE COURT |
| 6 Oct 2022 | £6,084,488 | £6,150,000 | 11 PALACE COURT |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 25 Apr 2018. Using an estimated price of £1,964,126 means this house is valued at £28,465 per sq meter (£2,644 per sq foot).
The average size of a house on PALACE COURT is 136 sq meters (1,467 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Victoria Grove Mews |
| Apr 2024 | Anti-social behaviour | On or near Victoria Grove Mews | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Grove Mews |
| Apr 2024 | Theft from the person | Under investigation | On or near Victoria Grove Mews |
| Apr 2024 | Other theft | Under investigation | On or near Victoria Grove Mews |