£355,362
This estimated value is based upon the latest sale price for the house of £226,500 on 23 Aug 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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123 Brick Lane, London, E1 6SE
Phone: 02045376988
| Price Paid | Date |
|---|---|
| £226,500 | 23 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 138 sq meters or 1,485 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 August 2007 the House Price Index for GREATER LONDON was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £226,500 results in an estimated price of approximately £355,362.
| 23 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £226,500 | £128,862 | £355,362 |
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 | 35.291 % | £79,933 | £306,433 |
| 3 Month Average | 38.967 % | £88,259 | £314,759 |
| 6 Month Average | 70.458 % | £159,588 | £386,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £819,932 | £810,000 | 40 HANBURY STREET |
| 6 Jun 2023 | £855,361 | £845,000 | 58 GRIMSBY STREET |
| 3 Apr 2023 | £101,088 | £100,000 | 41B BRICK LANE |
| 16 Nov 2022 | £508,836 | £515,000 | FLAT 46 EAGLE WORKS EAST, 58 QUAKER STREET |
| 7 Sep 2022 | £530,714 | £535,000 | FLAT 2 15 CHESHIRE STREET |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 6 Aug 2013. Using an estimated price of £355,363 means this house is valued at £2,575 per sq meter (£239 per sq foot).
The average size of a house on BRICK LANE is 71 sq meters (765 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Brick Lane |
| Dec 2023 | Anti-social behaviour | On or near Brick Lane | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brick Lane |
| Dec 2023 | Anti-social behaviour | On or near Brick Lane | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brick Lane |