£203,070
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Nov 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Duru House, 101 Commercial Road, London, E1 1RD
Phone: 02036417854
| Price Paid | Date |
|---|---|
| £120,000 | 23 Nov 2012 |
| £227,500 | 31 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £120,000 results in an estimated price of approximately £203,070.
| 23 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £120,000 | £83,070 | £203,070 |
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 | 9.625 % | £11,549 | £131,549 |
| 3 Month Average | 18.378 % | £22,053 | £142,053 |
| 6 Month Average | 37.587 % | £45,104 | £165,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £310,000 | £310,000 | FLAT 56 DELAFIELD HOUSE CHRISTIAN STREET |
| 30 Aug 2023 | £640,604 | £635,000 | PENTHOUSE APARTMENT KINGS COURT APARTMENTS, 10 ROPEWALK GARDENS |
| 18 Aug 2023 | £428,751 | £425,000 | FLAT 21 14 UMBERSTON STREET |
| 3 Feb 2023 | £185,875 | £186,000 | FLAT 25 14 UMBERSTON STREET |
| 11 Jan 2023 | £301,579 | £303,000 | COMMERCIAL UNIT 17 - 19 UMBERSTON STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 19 Apr 2012. Using an estimated price of £203,071 means this house is valued at £3,501 per sq meter (£325 per sq foot).
The average size of a house on UMBERSTON STREET is 71 sq meters (770 sq feet).