£480,866
This estimated value is based upon the latest sale price for the house of £450,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Old Montague Street, Brick Lane, London, E1 5NG
Phone: 02034636947
| Price Paid | Date |
|---|---|
| £450,000 | 29 Jun 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £450,000 results in an estimated price of approximately £480,866.
| 29 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £450,000 | £30,866 | £480,866 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | -25.146 % | £-113,157 | £336,842 |
| 3 Month Average | -21.893 % | £-98,518 | £351,481 |
| 6 Month Average | -7.955 % | £-35,799 | £414,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £188,567 | £185,000 | CARETAKERS FLAT 16 2 CASSON STREET |
| 21 Aug 2023 | £509,096 | £506,000 | FLAT 3 12 CASSON STREET |
| 16 Mar 2023 | £351,902 | £350,000 | 4 HOPETOWN STREET |
| 31 Aug 2022 | £1,489,933 | £1,500,000 | 17 CASSON STREET |
| 22 Jul 2022 | £848,853 | £850,000 | FLAT 7 14 CASSON STREET |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 10 Sep 2009. Using an estimated price of £480,866 means this house is valued at £10,231 per sq meter (£950 per sq foot).
The average size of a house on KING'S ARMS COURT is 65 sq meters (709 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Monthope Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Monthope Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Monthope Road |
| Mar 2024 | Anti-social behaviour | On or near Monthope Road | |
| Mar 2024 | Other theft | Under investigation | On or near Monthope Road |