£341,654
This estimated value is based upon the latest sale price for the house of £181,500 on 19 Nov 2004. 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 Mark Street
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71-73 West Ham Lane, London, E15 4PH
Phone: 02080226331
| Price Paid | Date |
|---|---|
| £181,500 | 19 Nov 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 November 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £181,500 results in an estimated price of approximately £341,654.
| 19 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £181,500 | £160,154 | £341,654 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 129.114 % | £234,341 | £415,841 |
| 3 Month Average | 108.830 % | £197,526 | £379,026 |
| 6 Month Average | 127.874 % | £232,090 | £413,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £334,274 | £330,000 | 5 CHOPWELL CLOSE |
| 30 Jun 2023 | £369,475 | £365,000 | 9 CHOPWELL CLOSE |
| 3 Feb 2023 | £439,704 | £440,000 | 1 WEST HAM LANE |
| 18 Aug 2022 | £264,289 | £265,000 | 10 CHOPWELL CLOSE |
| 7 Jul 2022 | £336,907 | £336,000 | 25 CHOPWELL CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 22 Nov 2021. Using an estimated price of £341,655 means this house is valued at £5,790 per sq meter (£537 per sq foot).
The average size of a house on CHOPWELL CLOSE is 53 sq meters (579 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Mark Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mark Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mark Street |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Mark Street |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Mark Street |