£789,234
This estimated value is based upon the latest sale price for the house of £775,000 on 4 Aug 2023. 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 |
|---|---|
| £775,000 | 4 Aug 2023 |
| £155,000 | 16 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £775,000 results in an estimated price of approximately £789,234.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £775,000 | £14,234 | £789,234 |
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 | 36.054 % | £279,421 | £1,054,421 |
| 3 Month Average | -21.507 % | £-166,679 | £608,320 |
| 6 Month Average | -15.642 % | £-121,227 | £653,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £851,154 | £825,000 | FLAT D 26 REDAN PLACE |
| 4 Aug 2023 | £789,235 | £775,000 | FLAT 2 69 KENSINGTON GARDENS SQUARE |
| 30 Jun 2023 | £540,838 | £530,000 | FLAT 1 68 KENSINGTON GARDENS SQUARE |
| 28 Jun 2021 | £907,928 | £840,000 | FLAT 2 64 KENSINGTON GARDENS SQUARE |
| 15 Feb 2019 | £1,406,186 | £1,130,000 | FLAT 25 GARDEN HOUSE, 86 - 92 KENSINGTON GARDENS SQUARE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 29 Jun 2021. Using an estimated price of £789,235 means this house is valued at £13,846 per sq meter (£1,286 per sq foot).
The average size of a house on KENSINGTON GARDENS SQUARE is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Parking Area |
| Apr 2024 | Drugs | Under investigation | On or near Redan Place |