£411,030
This estimated value is based upon the latest sale price for the house of £199,602 on 29 Apr 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Kingdom Street, Paddington, London, W2 6BD
Phone: 02045164926
Price Paid | Date |
---|---|
£199,602 | 29 Apr 2004 |
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 April 2004 the House Price Index for GREATER LONDON was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £199,602 results in an estimated price of approximately £411,030.
29 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 149.7 | 105.925 % | £199,602 | £211,428 | £411,030 |
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 | 172.808 % | £344,928 | £544,530 |
3 Month Average | 121.339 % | £242,195 | £441,797 |
6 Month Average | 118.885 % | £237,297 | £436,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2023 | £1,630,497 | £1,600,000 | APARTMENT 78 11 SHELDON SQUARE |
15 Mar 2023 | £954,948 | £939,000 | APARTMENT 59 11 SHELDON SQUARE |
1 Mar 2023 | £762,738 | £750,000 | APARTMENT 55 11 SHELDON SQUARE |
18 Jan 2023 | £877,344 | £875,000 | APARTMENT 24 11 SHELDON SQUARE |
17 Aug 2022 | £587,748 | £585,000 | APARTMENT 5 11 SHELDON SQUARE |