£116,272
This estimated value is based upon the latest sale price for the house of £94,500 on 31 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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124 Whitechapel Road, Aldgate, E1 1JE
Phone: 02081154030
| Price Paid | Date |
|---|---|
| £94,500 | 31 Mar 2019 |
| £250,000 | 14 Dec 2005 |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £94,500 results in an estimated price of approximately £116,272.
| 31 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £94,500 | £21,772 | £116,272 |
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 | -30.308 % | £-28,641 | £65,858 |
| 3 Month Average | -42.468 % | £-40,132 | £54,367 |
| 6 Month Average | -23.420 % | £-22,132 | £72,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £674,099 | £670,000 | FLAT 204 VEGA HOUSE, 17 HEMMING STREET |
| 1 Mar 2023 | £301,630 | £300,000 | FLAT 84 HUGHES MANSIONS VALLANCE ROAD |
| 17 Oct 2022 | £1,952,329 | £1,981,350 | COMMERCIAL UNIT 122 VALLANCE ROAD |
| 17 Feb 2022 | £15,771,349 | £15,100,000 | 6 - 8 HEMMING STREET |
| 29 Oct 2021 | £410,499 | £372,500 | FLAT 1 16 SELBY STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 16 Apr 2019. Using an estimated price of £116,273 means this house is valued at £1,529 per sq meter (£142 per sq foot).
The average size of a house on SELBY STREET is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Surma Close | |
| Feb 2024 | Anti-social behaviour | On or near Surma Close | |
| Jan 2024 | Anti-social behaviour | On or near Surma Close | |
| Jan 2024 | Anti-social behaviour | On or near Surma Close | |
| Jan 2024 | Drugs | Under investigation | On or near Surma Close |