£600,506
This estimated value is based upon the latest sale price for the house of £350,000 on 17 Aug 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Kensington Mall, London, W8 4EB
Phone: 02081158362
| Price Paid | Date |
|---|---|
| £350,000 | 17 Aug 2012 |
| £300,000 | 4 Feb 2011 |
| £250,000 | 5 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £350,000 results in an estimated price of approximately £600,506.
| 17 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £350,000 | £250,506 | £600,506 |
The Postcode Pricing Model uses changes in average sales price within the W8 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 | 10.564 % | £36,974 | £386,974 |
| 3 Month Average | -17.335 % | £-60,672 | £289,327 |
| 6 Month Average | 8.694 % | £30,428 | £380,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £639,525 | £625,000 | 29 MALL CHAMBERS |
| 22 Aug 2023 | £539,735 | £530,000 | 31 MALL CHAMBERS |
| 23 Jun 2023 | £607,168 | £595,000 | 41 MALL CHAMBERS |
| 4 Oct 2022 | £388,004 | £389,300 | FLAT 94 BROADWALK COURT, 79 PALACE GARDENS TERRACE |
| 8 Aug 2022 | £477,232 | £475,000 | 37 MALL CHAMBERS |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 23 Oct 2020. Using an estimated price of £600,506 means this house is valued at £18,765 per sq meter (£1,743 per sq foot).
The average size of a house on PALACE GARDENS TERRACE is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near West Mall |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near West Mall |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near West Mall |
| Aug 2024 | Theft from the person | Under investigation | On or near West Mall |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near West Mall |