£302,234
This estimated value is based upon the latest sale price for the house of £85,000 on 6 Feb 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 Westbourne Grove, London, W11 2RR
Phone: 02073133600
Price Paid | Date |
---|---|
£85,000 | 6 Feb 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 February 2001 the House Price Index for GREATER LONDON was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £85,000 results in an estimated price of approximately £302,234.
6 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 149.7 | 255.570 % | £85,000 | £217,234 | £302,234 |
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 | 284.521 % | £241,842 | £326,842 |
3 Month Average | 192.208 % | £163,377 | £248,377 |
6 Month Average | 202.105 % | £171,789 | £256,789 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £790,055 | £770,000 | FOURTH FLOOR 58 ST STEPHENS GARDENS |
8 Sep 2023 | £562,398 | £550,000 | BASEMENT FLAT 12A SHREWSBURY ROAD |
6 Jun 2022 | £587,560 | £575,000 | 14 SHREWSBURY MEWS |
18 Jan 2022 | £938,276 | £885,000 | FLAT 3 10 SHREWSBURY ROAD |
30 Nov 2021 | £887,958 | £815,000 | 2C SHREWSBURY MEWS |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 1 Apr 2013. Using an estimated price of £302,235 means this house is valued at £6,430 per sq meter (£597 per sq foot).
The average size of a house on WESTBOURNE PARK ROAD is 107 sq meters (1,155 sq feet).