£195,407
This estimated value is based upon the latest sale price for the house of £35,000 on 28 Feb 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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103 Burdett Road, Bow, E3 4JN
Phone: 02034783597
| Price Paid | Date |
|---|---|
| £35,000 | 28 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 1995 the House Price Index for GREATER LONDON was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 458.306%.Applying this 458.306% change to the original purchase price of £35,000 results in an estimated price of approximately £195,407.
| 28 Feb 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 458.306 % | £35,000 | £160,407 | £195,407 |
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 | 563.470 % | £197,214 | £232,214 |
| 3 Month Average | 514.710 % | £180,148 | £215,148 |
| 6 Month Average | 539.803 % | £188,931 | £223,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £336,300 | £332,000 | FLAT 3 REID BUILDING, 12 ERIC STREET |
| 14 Jul 2023 | £354,775 | £350,000 | FLAT 15 FLANAGHAN APARTMENTS, 141 PORTIA WAY |
| 16 Jun 2023 | £263,188 | £260,000 | FLAT 11 FLANAGHAN APARTMENTS, 141 PORTIA WAY |
| 11 Apr 2023 | £515,551 | £510,000 | 121 PORTIA WAY |
| 29 Apr 2022 | £467,416 | £453,890 | FLAT 11 REID BUILDING, 12 ERIC STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Sep 2020. Using an estimated price of £195,407 means this house is valued at £2,220 per sq meter (£206 per sq foot).
The average size of a house on ERIC STREET is 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Midlothian Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Midlothian Road |