£892,716
This estimated value is based upon the latest sale price for the house of £761,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Wellington Road, E11 2AS
Phone: 02081285537
| Price Paid | Date |
|---|---|
| £761,000 | 23 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £761,000 results in an estimated price of approximately £892,716.
| 23 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £761,000 | £131,716 | £892,716 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | -6.304 % | £-47,972 | £713,027 |
| 3 Month Average | 7.502 % | £57,087 | £818,087 |
| 6 Month Average | 22.760 % | £173,200 | £934,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £714,131 | £705,000 | 106 CRANBOURNE AVENUE |
| 2 Jun 2023 | £1,078,059 | £1,065,000 | 63 CRANBOURNE AVENUE |
| 10 Feb 2023 | £823,446 | £824,000 | 8 WOODBURY CLOSE |
| 26 Jan 2023 | £846,015 | £850,000 | 83 CRANBOURNE AVENUE |
| 18 Aug 2022 | £853,383 | £855,680 | 82 CRANBOURNE AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 18 Feb 2020. Using an estimated price of £892,716 means this house is valued at £8,115 per sq meter (£753 per sq foot).
The average size of a house on RODNEY ROAD is 101 sq meters (1,092 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Orchard Close | |
| Apr 2024 | Other theft | Under investigation | On or near Woodbury Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Woodbury Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sultan Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sultan Road |