£423,063
This estimated value is based upon the latest sale price for the house of £250,000 on 2 Nov 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Tarling Street, London, E1 0AD
Phone: 02080225525
| Price Paid | Date |
|---|---|
| £250,000 | 2 Nov 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 £250,000 results in an estimated price of approximately £423,063.
| 2 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £250,000 | £173,063 | £423,063 |
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 % | £24,061 | £274,061 |
| 3 Month Average | 18.378 % | £45,945 | £295,945 |
| 6 Month Average | 37.587 % | £93,967 | £343,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £285,223 | £281,000 | FLAT 86 KELDAY HEIGHTS, 2 SPENCER WAY |
| 21 Sep 2023 | £401,129 | £396,000 | 2 SHADWELL GARDENS |
| 1 Aug 2023 | £10,088 | £10,000 | 139 WATNEY STREET |
| 1 Feb 2023 | £324,781 | £325,000 | 141 SHADWELL GARDENS |
| 30 Aug 2022 | £329,114 | £330,000 | FLAT 2 89 WATNEY STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 Jun 2012. Using an estimated price of £423,064 means this house is valued at £4,919 per sq meter (£457 per sq foot).
The average size of a house on SHADWELL GARDENS is 61 sq meters (659 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (925 sq feet).