£479,703
This estimated value is based upon the latest sale price for the house of £430,000 on 28 May 2021. 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 |
|---|---|
| £430,000 | 28 May 2021 |
| £372,500 | 20 Jun 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 333 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 May 2021 the House Price Index for GREATER LONDON was 131.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 11.559%.Applying this 11.559% change to the original purchase price of £430,000 results in an estimated price of approximately £479,703.
| 28 May 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 146.7 | 11.559 % | £430,000 | £49,703 | £479,703 |
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 | -16.566 % | £-71,232 | £358,767 |
| 3 Month Average | -15.952 % | £-68,591 | £361,408 |
| 6 Month Average | -10.015 % | £-43,065 | £386,934 |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 7 Mar 2018.
The average size of a house on PALACE GARDENS TERRACE is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Under investigation | On or near West Mall |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near West Mall |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near West Mall |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near West Mall |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near West Mall |