£725,383
This estimated value is based upon the latest sale price for the house of £700,000 on 15 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Wellington Road, E11 2AS
Phone: 02081285537
| Price Paid | Date |
|---|---|
| £700,000 | 15 Mar 2022 |
| £655,000 | 21 Nov 2016 |
| £455,000 | 19 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £700,000 results in an estimated price of approximately £725,383.
| 15 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £700,000 | £25,383 | £725,383 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | -45.852 % | £-320,965 | £379,034 |
| 3 Month Average | -9.445 % | £-66,112 | £633,887 |
| 6 Month Average | 4.148 % | £29,036 | £729,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £893,224 | £880,000 | 24 COWLEY ROAD |
| 2 Nov 2023 | £819,127 | £807,000 | 16 COWLEY ROAD |
| 14 Jun 2023 | £716,681 | £708,000 | 17 COWLEY ROAD |
| 18 Apr 2023 | £737,946 | £730,000 | 4 COWLEY ROAD |
| 24 Mar 2023 | £802,561 | £795,000 | 66 COWLEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 Feb 2014. Using an estimated price of £725,384 means this house is valued at £10,667 per sq meter (£991 per sq foot).
The average size of a house on COWLEY ROAD is 81 sq meters (881 sq feet).