£1,836,121
This estimated value is based upon the latest sale price for the house of £499,950 on 26 Sep 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6-8 Great Eastern Street, EC2A 3NT
Phone: 02081151424
| Price Paid | Date |
|---|---|
| £499,950 | 26 Sep 2000 |
| £175,000 | 25 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2000 the House Price Index for GREATER LONDON was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £499,950 results in an estimated price of approximately £1,836,121.
| 26 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £499,950 | £1,336,171 | £1,836,121 |
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 | 113.117 % | £565,526 | £1,065,476 |
| 3 Month Average | 131.110 % | £655,484 | £1,155,434 |
| 6 Month Average | 175.041 % | £875,118 | £1,375,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £777,323 | £770,000 | FLAT 703 2 PRINCIPAL PLACE |
| 9 Sep 2022 | £1,091,188 | £1,100,000 | FLAT 2001 2 PRINCIPAL PLACE |
| 26 Nov 2021 | £432,606 | £400,000 | UNIT E PENNYBANK CHAMBERS, 1 FAIRCHILD PLACE |
| 6 May 2021 | £1,664,540 | £1,472,995 | FLAT 3406 2 PRINCIPAL PLACE |
| 23 Oct 2020 | £1,554,335 | £1,325,000 | FLAT 608 2 PRINCIPAL PLACE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 4 Sep 2012. Using an estimated price of £1,836,122 means this house is valued at £20,401 per sq meter (£1,895 per sq foot).
The average size of a house on COMMERCIAL STREET is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Plough Yard |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Plough Yard |
| Dec 2023 | Theft from the person | Under investigation | On or near Plough Yard |
| Dec 2023 | Theft from the person | Under investigation | On or near Plough Yard |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Plough Yard |