£671,819
This estimated value is based upon the latest sale price for the house of £155,000 on 28 Jul 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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665 Commercial Road, London, E14 7LW
Phone: 02080225580
Price Paid | Date |
---|---|
£155,000 | 28 Jul 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 July 1999 the House Price Index for GREATER LONDON was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £155,000 results in an estimated price of approximately £671,819.
28 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.3 | 148.6 | 333.432 % | £155,000 | £516,819 | £671,819 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | 186.091 % | £288,441 | £443,441 |
3 Month Average | 199.749 % | £309,610 | £464,610 |
6 Month Average | 215.196 % | £333,553 | £488,553 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £1,015,027 | £1,000,000 | FLAT 82 MEDLAND HOUSE, 11 BRANCH ROAD |
27 Feb 2023 | £519,650 | £520,000 | 27 GOODHART PLACE |
19 Nov 2021 | £665,131 | £615,000 | FLAT 3 MEDLAND HOUSE, 11 BRANCH ROAD |
29 Jun 2021 | £670,578 | £625,000 | FLAT 43 MEDLAND HOUSE, 11 BRANCH ROAD |
15 Dec 2020 | £391,370 | £341,000 | 106 HORSEFERRY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 16 Oct 2012. Using an estimated price of £671,820 means this house is valued at £9,203 per sq meter (£854 per sq foot).
The average size of a house on BRANCH ROAD is 78 sq meters (845 sq feet).