£551,347
This estimated value is based upon the latest sale price for the house of £435,000 on 26 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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61 Wallis Road, Hackney Wick, E9 5LH
Phone: 02080223255
| Price Paid | Date |
|---|---|
| £435,000 | 26 Sep 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £435,000 results in an estimated price of approximately £551,347.
| 26 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £435,000 | £116,347 | £551,347 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | -75.485 % | £-328,361 | £106,638 |
| 3 Month Average | -25.193 % | £-109,590 | £325,409 |
| 6 Month Average | 11.849 % | £51,541 | £486,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £731,399 | £725,000 | 8A JODRELL ROAD |
| 31 Jul 2023 | £430,798 | £425,000 | 48 OLLERTON GREEN |
| 17 Jul 2023 | £1,267,053 | £1,250,000 | 129A CADOGAN TERRACE |
| 7 Jun 2023 | £430,211 | £425,000 | APARTMENT 18 DUCKETTS APARTMENTS, 1 WICK LANE |
| 2 Feb 2023 | £359,758 | £360,000 | FLAT 65 WINFORD HOUSE JODRELL ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 16 Mar 2017. Using an estimated price of £551,348 means this house is valued at £14,137 per sq meter (£1,313 per sq foot).
The average size of a house on CADOGAN TERRACE is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wick Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wick Lane |