£437,074
This estimated value is based upon the latest sale price for the house of £179,000 on 10 Jan 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
Price Paid | Date |
---|---|
£179,000 | 10 Jan 2003 |
£140,000 | 20 Oct 2000 |
£118,500 | 28 Oct 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 639 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 January 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 144.176%.Applying this 144.176% change to the original purchase price of £179,000 results in an estimated price of approximately £437,074.
10 Jan 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 146.7 | 144.176 % | £179,000 | £258,074 | £437,074 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 132.874 % | £237,845 | £416,845 |
3 Month Average | 140.655 % | £251,772 | £430,772 |
6 Month Average | 157.166 % | £281,327 | £460,327 |
This house has a floor area of 59 sq meters or 639 sq feet when measured on 14 May 2009.
The average size of a house on BOW ROAD is 74 sq meters (805 sq feet).