£425,611
This estimated value is based upon the latest sale price for the house of £270,000 on 4 Jul 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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London, IG1 4AA
Phone: 02080330232
| Price Paid | Date |
|---|---|
| £270,000 | 4 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 July 2007 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £270,000 results in an estimated price of approximately £425,611.
| 4 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £270,000 | £155,611 | £425,611 |
The Postcode Pricing Model uses changes in average sales price within the IG1 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 | 133.296 % | £359,898 | £629,898 |
| 3 Month Average | 66.227 % | £178,811 | £448,811 |
| 6 Month Average | 58.720 % | £158,543 | £428,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £285,964 | £282,500 | 190A WELLESLEY ROAD |
| 13 Mar 2023 | £605,707 | £600,000 | 135 WELLESLEY ROAD |
| 31 May 2022 | £331,241 | £325,000 | 132 COVENTRY ROAD |
| 8 Apr 2022 | £567,419 | £551,000 | 220 WELLESLEY ROAD |
| 27 Sep 2021 | £576,512 | £535,000 | 122 COVENTRY ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 28 Sep 2014. Using an estimated price of £425,612 means this house is valued at £4,433 per sq meter (£411 per sq foot).
The average size of a house on WELLESLEY ROAD is 91 sq meters (986 sq feet).