£859,648
This estimated value is based upon the latest sale price for the house of £695,000 on 30 Aug 2018. 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 |
|---|---|
| £695,000 | 30 Aug 2018 |
| £435,000 | 29 Sep 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 618 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £695,000 results in an estimated price of approximately £859,648.
| 30 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £695,000 | £164,648 | £859,648 |
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 | -31.866 % | £-221,470 | £473,529 |
| 3 Month Average | -19.215 % | £-133,540 | £561,459 |
| 6 Month Average | 6.006 % | £41,741 | £736,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £839,692 | £825,000 | FLAT D 26 REDAN PLACE |
| 1 Nov 2023 | £786,646 | £775,000 | FLAT 44 50 KENSINGTON GARDENS SQUARE |
| 27 Sep 2023 | £1,063,599 | £1,050,000 | FLAT 25 50 KENSINGTON GARDENS SQUARE |
| 31 Jul 2023 | £750,095 | £740,000 | FLAT 31 50 KENSINGTON GARDENS SQUARE |
| 21 Apr 2023 | £657,075 | £650,000 | FLAT 47 50 KENSINGTON GARDENS SQUARE |
This house has a floor area of 57 sq meters or 618 sq feet when measured on 15 Dec 2011. Using an estimated price of £859,648 means this house is valued at £14,971 per sq meter (£1,390 per sq foot).
The average size of a house on KENSINGTON GARDENS SQUARE is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Kensington Gardens Square | |
| Jan 2024 | Anti-social behaviour | On or near Kensington Gardens Square | |
| Jan 2024 | Anti-social behaviour | On or near Kensington Gardens Square | |
| Dec 2023 | Anti-social behaviour | On or near Kensington Gardens Square | |
| Dec 2023 | Anti-social behaviour | On or near Kensington Gardens Square |