£7,676
This estimated value is based upon the latest sale price for the house of £6,000 on 23 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 London Street, Paddington, London, W2 1HR
Phone: 02081285989
| Price Paid | Date |
|---|---|
| £6,000 | 23 Aug 2017 |
| Leasehold |
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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £6,000 results in an estimated price of approximately £7,676.
| 23 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £6,000 | £1,676 | £7,676 |
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 | -7.805 % | £-468 | £5,531 |
| 3 Month Average | -11.052 % | £-663 | £5,336 |
| 6 Month Average | -16.780 % | £-1,006 | £4,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £506,158 | £495,000 | FLAT 209 MONTGOMERY HOUSE, 135 HARROW ROAD |
| 16 Feb 2023 | £593,968 | £590,000 | FLAT 407 MONTGOMERY HOUSE, 135 HARROW ROAD |
| 28 Oct 2021 | £523,894 | £470,000 | APARTMENT 1 MARSHALL BUILDING, 3 HERMITAGE STREET |
| 21 Aug 2020 | £7,248 | £6,000 | STORAGE UNIT S24 MUNKENBECK BUILDING, 5 HERMITAGE STREET |
| 12 Jun 2020 | £7,320 | £6,000 | STORAGE UNIT S28 MUNKENBECK BUILDING, 5 HERMITAGE STREET |