£982,777
This estimated value is based upon the latest sale price for the house of £850,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2b Median Road, Hackney, Clapton, E5 0PL
Phone: 02035448008
Price Paid | Date |
---|---|
£850,000 | 14 Dec 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 97 sq meters or 1,044 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £850,000 results in an estimated price of approximately £982,777.
14 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £850,000 | £132,777 | £982,777 |
The Postcode Pricing Model uses changes in average sales price within the E5 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 | 21.806 % | £185,354 | £1,035,354 |
3 Month Average | 11.153 % | £94,796 | £944,796 |
6 Month Average | 4.085 % | £34,718 | £884,718 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £1,361,826 | £1,350,000 | 71 RUSHMORE ROAD |
25 Mar 2024 | £822,639 | £810,000 | 49 RUSHMORE ROAD |
30 Nov 2023 | £1,665,271 | £1,623,000 | 67 GLENARM ROAD |
9 Oct 2023 | £1,151,145 | £1,125,000 | 38 BLURTON ROAD |
28 Feb 2023 | £1,158,640 | £1,150,900 | 118 RUSHMORE ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 25 Jul 2019. Using an estimated price of £982,778 means this house is valued at £10,131 per sq meter (£941 per sq foot).
The average size of a house on BLURTON ROAD is 112 sq meters (1,213 sq feet).