£648,630
This estimated value is based upon the latest sale price for the house of £525,000 on 24 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1 The Colonnades, 15 Porchester Square Mews, London, W2 6AG
Phone: 02036415140
| Price Paid | Date |
|---|---|
| £525,000 | 24 Jun 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £525,000 results in an estimated price of approximately £648,630.
| 24 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £525,000 | £123,630 | £648,630 |
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 | 9.852 % | £51,722 | £576,722 |
| 3 Month Average | -22.513 % | £-118,193 | £406,806 |
| 6 Month Average | -19.084 % | £-100,189 | £424,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £507,514 | £500,000 | FLAT 68 WINCHESTER HOUSE HALLFIELD ESTATE |
| 18 Oct 2022 | £415,526 | £420,000 | FLAT 16 WORCESTER HOUSE HALLFIELD ESTATE |
| 8 Jul 2022 | £338,411 | £337,500 | FLAT 2 WINCHESTER HOUSE HALLFIELD ESTATE |
| 23 Mar 2022 | £575,126 | £555,000 | 48D GLOUCESTER GARDENS |
| 12 Nov 2021 | £553,735 | £512,000 | FLAT 68 EXETER HOUSE HALLFIELD ESTATE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 5 Jan 2012. Using an estimated price of £648,631 means this house is valued at £7,814 per sq meter (£726 per sq foot).
The average size of a house on HALLFIELD ESTATE is 58 sq meters (634 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | On or near Paddington (Station) | |
| Jan 2024 | Violence and sexual offences | On or near Paddington (Station) | |
| Jan 2024 | Shoplifting | On or near Paddington (Station) | |
| Jan 2024 | Violence and sexual offences | On or near Paddington (Station) | |
| Jan 2024 | Other theft | On or near Paddington (Station) |