£349,336
This estimated value is based upon the latest sale price for the house of £156,000 on 13 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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G03 Cordage House, 15 Cobblestone Square, London, E1W 3AS
Phone: 02080225574
Price Paid | Date |
---|---|
£156,000 | 13 Oct 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 October 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £156,000 results in an estimated price of approximately £349,336.
13 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 148.6 | 123.933 % | £156,000 | £193,336 | £349,336 |
The Postcode Pricing Model uses changes in average sales price within the E1W 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 | 55.823 % | £87,084 | £243,084 |
3 Month Average | 152.969 % | £238,631 | £394,631 |
6 Month Average | 152.824 % | £238,406 | £394,406 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £302,648 | £300,000 | FLAT 42 REARDON HOUSE REARDON STREET |
16 Aug 2023 | £453,971 | £450,000 | 32 DISCOVERY WALK |
21 Jul 2023 | £575,242 | £567,500 | 9 DISCOVERY WALK |
29 Jun 2022 | £431,092 | £425,000 | FLAT 52 REARDON HOUSE REARDON STREET |
2 Nov 2021 | £394,753 | £365,000 | FLAT 65 REARDON HOUSE REARDON STREET |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 10 Mar 2018. Using an estimated price of £349,336 means this house is valued at £8,520 per sq meter (£791 per sq foot).
The average size of a house on DISCOVERY WALK is 52 sq meters (563 sq feet).