£1,196,717
This estimated value is based upon the latest sale price for the house of £740,000 on 16 Jun 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 Fashion Street, Spitalfields, E1 6PX
Phone: 02080226286
Price Paid | Date |
---|---|
£740,000 | 16 Jun 2008 |
£341,500 | 31 Aug 1999 |
£142,000 | 20 Mar 1995 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,282 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 2008 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £740,000 results in an estimated price of approximately £1,196,717.
16 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.719 % | £740,000 | £456,717 | £1,196,717 |
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 | 18.666 % | £138,127 | £878,127 |
3 Month Average | 25.017 % | £185,127 | £925,127 |
6 Month Average | 42.864 % | £317,193 | £1,057,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £1,628,493 | £1,600,000 | FLAT 5 JACKSON & JOSEPH BUILDING, 8 PRINCELET STREET |
11 Aug 2023 | £2,320,299 | £2,300,000 | FLAT B 26 PRINCELET STREET |
16 Jan 2023 | £2,836,638 | £2,850,000 | 23 WILKES STREET |
6 Jul 2022 | £802,159 | £800,000 | 33A FOURNIER STREET |
19 May 2022 | £2,756,948 | £2,705,000 | 3 PRINCELET STREET |
This house has a floor area of 119 sq meters or 1,282 sq feet when measured on 2 Mar 2009. Using an estimated price of £1,196,717 means this house is valued at £10,043 per sq meter (£933 per sq foot).
The average size of a house on FOURNIER STREET is 254 sq meters (2,735 sq feet).
This house is the smallest in the street with a floor area of 119 sq meters (1,282 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Fournier Street | |
Jan 2024 | Anti-social behaviour | On or near Fournier Street | |
Jan 2024 | Anti-social behaviour | On or near Fournier Street | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Fournier Street |
Dec 2023 | Anti-social behaviour | On or near Fournier Street |