£870,397
This estimated value is based upon the latest sale price for the house of £500,000 on 8 Jul 2011. 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 |
|---|---|
| £500,000 | 8 Jul 2011 |
| £420,000 | 28 Aug 2009 |
| £200,000 | 6 Jan 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 July 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £500,000 results in an estimated price of approximately £870,397.
| 8 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £500,000 | £370,397 | £870,397 |
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 | 43.101 % | £215,503 | £715,503 |
| 3 Month Average | 20.299 % | £101,494 | £601,494 |
| 6 Month Average | 17.437 % | £87,185 | £587,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £735,000 | £735,000 | FLAT 126 THE COLONNADES, 34 PORCHESTER SQUARE |
| 10 Apr 2024 | £691,001 | £685,000 | FLAT 108 THE COLONNADES, 34 PORCHESTER SQUARE |
| 25 Oct 2023 | £654,874 | £640,000 | FLAT 260 THE COLONNADES, 34 PORCHESTER SQUARE |
| 6 Jan 2023 | £626,674 | £625,000 | FLAT 319 THE COLONNADES, 34 PORCHESTER SQUARE |
| 25 Feb 2021 | £611,837 | £535,000 | FLAT 105 THE COLONNADES, 34 PORCHESTER SQUARE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 Nov 2012. Using an estimated price of £870,398 means this house is valued at £10,361 per sq meter (£962 per sq foot).
The average size of a house on PORCHESTER SQUARE is 71 sq meters (773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area |