£1,451,597
This estimated value is based upon the latest sale price for the house of £850,000 on 11 Jan 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 Westbourne Grove, London, W11 2RR
Phone: 02073133600
Price Paid | Date |
---|---|
£850,000 | 11 Jan 2013 |
£525,000 | 13 Jun 2001 |
Flats/Maisonettes |
Leasehold |
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 January 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £850,000 results in an estimated price of approximately £1,451,597.
11 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.776 % | £850,000 | £601,597 | £1,451,597 |
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 | 35.049 % | £297,919 | £1,147,919 |
3 Month Average | 27.265 % | £231,755 | £1,081,755 |
6 Month Average | 15.834 % | £134,590 | £984,590 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £954,324 | £925,000 | 25A CHEPSTOW ROAD |
15 Dec 2023 | £5,571,192 | £5,400,000 | 3 NORTHUMBERLAND PLACE |
28 Nov 2023 | £4,027,227 | £3,925,000 | 24 NORTHUMBERLAND PLACE |
12 Oct 2023 | £1,765,089 | £1,725,000 | FLAT 4 53 CHEPSTOW ROAD |
29 Nov 2022 | £502,650 | £505,000 | FLAT 1 57 CHEPSTOW ROAD |