£517,462
This estimated value is based upon the latest sale price for the house of £276,500 on 24 Feb 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Bank Buildings, The Avenue, London, E4 9LE
Phone: 02036410906
Price Paid | Date |
---|---|
£276,500 | 24 Feb 2005 |
Terraced |
Freehold |
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 2005 the House Price Index for GREATER LONDON was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £276,500 results in an estimated price of approximately £517,462.
24 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 148.6 | 87.147 % | £276,500 | £240,962 | £517,462 |
The Postcode Pricing Model uses changes in average sales price within the IG8 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 | 128.524 % | £355,368 | £631,868 |
3 Month Average | 149.054 % | £412,134 | £688,634 |
6 Month Average | 120.511 % | £333,212 | £609,712 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £547,581 | £538,000 | 383 HALE END ROAD |
24 Apr 2023 | £687,401 | £680,000 | 6 FRINTON DRIVE |
27 Jan 2023 | £855,968 | £860,000 | 78 OAK HILL CRESCENT |
26 Sep 2022 | £619,993 | £625,000 | 5 FRINTON DRIVE |
4 Aug 2022 | £977,369 | £980,000 | 18 GALEBOROUGH AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Forest Mount Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Mount Road |
Jan 2024 | Other theft | Under investigation | On or near Galeborough Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Frinton Drive |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Drive |