£6,039,710
This estimated value is based upon the latest sale price for the house of £5,000,000 on 20 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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78 Westbourne Grove, Bayswater, London, W2 5RT
Phone: 02080224555
| Price Paid | Date |
|---|---|
| £5,000,000 | 20 Aug 2020 |
| £4,000,000 | 26 Feb 2010 |
| £2,100,000 | 29 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 255 sq meters or 2,744 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 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £5,000,000 results in an estimated price of approximately £6,039,710.
| 20 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £5,000,000 | £1,039,710 | £6,039,710 |
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 | 314.574 % | £15,728,693 | £20,728,693 |
| 3 Month Average | -18.471 % | £-923,563 | £4,076,436 |
| 6 Month Average | -25.463 % | £-1,273,149 | £3,726,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £655,694 | £650,000 | SECOND FLOOR FLAT 81D HEREFORD ROAD |
| 20 Dec 2023 | £386,888 | £375,000 | 92C HEREFORD ROAD |
| 5 Oct 2023 | £5,576,657 | £5,450,000 | 5 KILDARE TERRACE |
| 12 Jun 2023 | £807,176 | £791,000 | FLAT 1 101 HEREFORD ROAD |
| 24 Jan 2023 | £576,540 | £575,000 | 57D HEREFORD ROAD |
This house has a floor area of 255 sq meters or 2,744 sq feet when measured on 11 Feb 2020. Using an estimated price of £6,039,710 means this house is valued at £23,685 per sq meter (£2,200 per sq foot).
The average size of a house on HEREFORD ROAD is 114 sq meters (1,230 sq feet).