£553,735
This estimated value is based upon the latest sale price for the house of £512,000 on 12 Nov 2021. 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 |
|---|---|
| £512,000 | 12 Nov 2021 |
| £500,000 | 22 Feb 2018 |
| £250,000 | 27 Mar 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £512,000 results in an estimated price of approximately £553,735.
| 12 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £512,000 | £41,735 | £553,735 |
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 | -38.039 % | £-194,759 | £317,240 |
| 3 Month Average | -2.897 % | £-14,833 | £497,166 |
| 6 Month Average | 5.392 % | £27,606 | £539,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £651,397 | £640,000 | FLAT 57 EXETER HOUSE HALLFIELD ESTATE |
| 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 |
| 13 May 2022 | £479,026 | £470,000 | 62B GLOUCESTER GARDENS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Oct 2017. Using an estimated price of £553,735 means this house is valued at £8,789 per sq meter (£816 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 | Violence and sexual offences | On or near Paddington (Station) | |
| Jan 2024 | Other theft | On or near Paddington (Station) | |
| Jan 2024 | Shoplifting | On or near Paddington (Station) | |
| Jan 2024 | Shoplifting | On or near Paddington (Station) | |
| Jan 2024 | Shoplifting | On or near Paddington (Station) |