£312,162
This estimated value is based upon the latest sale price for the house of £63,000 on 28 Nov 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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29 Granby Street, Shoreditch, London, E2 6DR
Phone: 02081150428
Price Paid | Date |
---|---|
£63,000 | 28 Nov 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 77 sq meters or 828 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 November 1997 the House Price Index for GREATER LONDON was 30.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 395.496%.Applying this 395.496% change to the original purchase price of £63,000 results in an estimated price of approximately £312,162.
28 Nov 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.2 | 149.7 | 395.496 % | £63,000 | £249,162 | £312,162 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 722.627 % | £455,254 | £518,254 |
3 Month Average | 603.320 % | £380,091 | £443,091 |
6 Month Average | 567.630 % | £357,606 | £420,606 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £131,139 | £130,000 | 120 BETHNAL GREEN ROAD |
8 Dec 2023 | £498,312 | £483,000 | 94 GRANBY STREET |
27 Oct 2023 | £470,690 | £460,000 | 174 BETHNAL GREEN ROAD |
7 Oct 2022 | £1,694,341 | £1,700,000 | 12 CHILTON STREET |
4 Mar 2022 | £782,950 | £750,000 | 49 CHILTON STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 Jul 2015. Using an estimated price of £312,162 means this house is valued at £4,054 per sq meter (£376 per sq foot).
The average size of a house on BETHNAL GREEN ROAD is 66 sq meters (718 sq feet).