£475,832
This estimated value is based upon the latest sale price for the house of £270,000 on 3 Oct 2008. 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 |
---|---|
£270,000 | 3 Oct 2008 |
£105,000 | 22 Jun 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 27 sq meters or 290 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 October 2008 the House Price Index for GREATER LONDON was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £270,000 results in an estimated price of approximately £475,832.
3 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 149.7 | 76.234 % | £270,000 | £205,832 | £475,832 |
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 | 163.801 % | £442,263 | £712,263 |
3 Month Average | 30.564 % | £82,523 | £352,523 |
6 Month Average | 50.325 % | £135,877 | £405,877 |
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 27 sq meters or 290 sq feet when measured on 26 Apr 2021. Using an estimated price of £475,832 means this house is valued at £17,623 per sq meter (£1,637 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 |