£2,619,137
This estimated value is based upon the latest sale price for the house of £577,000 on 1 Dec 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 Kensington High Street, Kensington, W8 7RW
Phone: 02081152465
| Price Paid | Date |
|---|---|
| £577,000 | 1 Dec 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 December 1998 the House Price Index for GREATER LONDON was 32.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 353.923%.Applying this 353.923% change to the original purchase price of £577,000 results in an estimated price of approximately £2,619,137.
| 1 Dec 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 146.7 | 353.923 % | £577,000 | £2,042,137 | £2,619,137 |
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 | 218.370 % | £1,259,994 | £1,836,994 |
| 3 Month Average | 370.989 % | £2,140,606 | £2,717,606 |
| 6 Month Average | 398.072 % | £2,296,877 | £2,873,877 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 31 Jan 2020.
The average size of a house on WRIGHTS LANE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Scarsdale Place |
| Jan 2024 | Robbery | Under investigation | On or near Cheniston Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Cheniston Gardens |
| Dec 2023 | Anti-social behaviour | On or near Cheniston Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Cheniston Gardens |