£1,404,283
This estimated value is based upon the latest sale price for the house of £1,125,000 on 24 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Kingdom Street, Paddington, London, W2 6BD
Phone: 02045164926
Price Paid | Date |
---|---|
£1,125,000 | 24 Apr 2018 |
£750,000 | 2 Feb 2010 |
£725,000 | 23 Oct 2007 |
£385,000 | 5 Feb 2003 |
£182,500 | 31 Mar 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 882 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £1,125,000 results in an estimated price of approximately £1,404,283.
24 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £1,125,000 | £279,283 | £1,404,283 |
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 | -15.395 % | £-173,198 | £951,801 |
3 Month Average | -8.365 % | £-94,104 | £1,030,895 |
6 Month Average | 1.805 % | £20,309 | £1,145,309 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £931,281 | £920,000 | FLAT 7 BISHOPSBOURNE, 134 - 136 WESTBOURNE TERRACE |
13 Jun 2023 | £1,204,591 | £1,190,000 | FLAT 15 TRINITY COURT, 170A GLOUCESTER TERRACE |
28 Apr 2023 | £1,465,782 | £1,450,000 | FLAT 38 TRINITY COURT, 170A GLOUCESTER TERRACE |
5 Sep 2022 | £1,239,987 | £1,250,000 | FLAT 41 TRINITY COURT, 170A GLOUCESTER TERRACE |
31 Mar 2022 | £1,435,223 | £1,385,000 | 130A WESTBOURNE TERRACE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 2 Jul 2020. Using an estimated price of £1,404,283 means this house is valued at £17,125 per sq meter (£1,591 per sq foot).
The average size of a house on GLOUCESTER TERRACE is 63 sq meters (680 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A4206 |
Jan 2024 | Anti-social behaviour | On or near A4206 | |
Jan 2024 | Anti-social behaviour | On or near A4206 | |
Jan 2024 | Anti-social behaviour | On or near A4206 | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westbourne Terrace Mews |