£494,194
This estimated value is based upon the latest sale price for the house of £400,000 on 5 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Farthing Fields
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G03 Cordage House, 15 Cobblestone Square, London, E1W 3AS
Phone: 02080225574
| Price Paid | Date |
|---|---|
| £400,000 | 5 Jun 2019 |
| £235,000 | 5 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £400,000 results in an estimated price of approximately £494,194.
| 5 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £400,000 | £94,194 | £494,194 |
The Postcode Pricing Model uses changes in average sales price within the E1W 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 | 16.705 % | £66,819 | £466,819 |
| 3 Month Average | 22.514 % | £90,055 | £490,055 |
| 6 Month Average | 38.365 % | £153,459 | £553,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £364,663 | £360,000 | 21 PENANG STREET |
| 21 Jul 2021 | £459,706 | £400,000 | APARTMENT 502 PARK VISTA TOWER, 5 COBBLESTONE SQUARE |
| 6 Oct 2020 | £527,887 | £450,000 | 12 FARTHING FIELDS |
| 1 Sep 2020 | £486,826 | £410,000 | FLAT 24 OSWELL HOUSE FARTHING FIELDS |
| 30 Apr 2020 | £466,480 | £380,000 | 3 FARTHING FIELDS |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 19 Apr 2019. Using an estimated price of £494,195 means this house is valued at £10,295 per sq meter (£956 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Farthing Fields |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Farthing Fields |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Farthing Fields |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Farthing Fields |
| Feb 2024 | Other theft | Under investigation | On or near Farthing Fields |