£402,269
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1a Thorpe Road, East Ham, E6 2HS
Phone: 02045052641
Price Paid | Date |
---|---|
£250,000 | 28 Jan 2014 |
Terraced |
Leasehold |
Floor Area: 101 sq meters or 1,087 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £250,000 results in an estimated price of approximately £402,269.
28 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £250,000 | £152,269 | £402,269 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 93.494 % | £233,735 | £483,735 |
3 Month Average | 83.294 % | £208,235 | £458,235 |
6 Month Average | 70.887 % | £177,217 | £427,217 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2023 | £538,064 | £528,000 | 142 CAULFIELD ROAD |
15 Mar 2022 | £532,406 | £510,000 | 115 CAULFIELD ROAD |
11 Feb 2022 | £512,382 | £485,000 | 152 CLEMENTS ROAD |
9 Dec 2021 | £431,723 | £400,000 | 173 LATHOM ROAD |
28 Aug 2020 | £513,375 | £425,000 | 136 CLEMENTS ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 11 Jun 2013. Using an estimated price of £402,269 means this house is valued at £3,982 per sq meter (£370 per sq foot).
The average size of a house on CLEMENTS ROAD is 91 sq meters (988 sq feet).