£660,739
This estimated value is based upon the latest sale price for the house of £443,000 on 17 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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218a Brick Lane, London, E1 6SA
Phone: 02034639605
| Price Paid | Date |
|---|---|
| £443,000 | 17 Dec 2014 |
| £187,500 | 23 Apr 2004 |
| £165,000 | 28 Sep 2001 |
| £65,000 | 7 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £443,000 results in an estimated price of approximately £660,739.
| 17 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £443,000 | £217,739 | £660,739 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | -9.791 % | £-43,371 | £399,628 |
| 3 Month Average | -8.453 % | £-37,445 | £405,554 |
| 6 Month Average | 6.432 % | £28,495 | £471,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £489,613 | £485,000 | FLAT 7 101 SCLATER STREET |
| 2 Feb 2023 | £569,617 | £570,000 | FLAT 6 101 SCLATER STREET |
| 30 Nov 2022 | £716,323 | £725,000 | FLAT 6 APEX HOUSE, 17 BACON STREET |
| 7 Sep 2022 | £530,714 | £535,000 | FLAT 2 15 CHESHIRE STREET |
| 22 Aug 2022 | £560,491 | £562,000 | FLAT 401 PLASMA COURT, 6 BACON STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 20 Feb 2014. Using an estimated price of £660,740 means this house is valued at £12,466 per sq meter (£1,158 per sq foot).
The average size of a house on BRICK LANE is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Brick Lane | |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Brick Lane |
| Jan 2024 | Theft from the person | Under investigation | On or near Brick Lane |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Brick Lane |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Brick Lane |