£592,440
This estimated value is based upon the latest sale price for the house of £480,000 on 16 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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380 Commercial Road, London, E1 0LB
Phone: 02036412595
Price Paid | Date |
---|---|
£480,000 | 16 Jul 2018 |
£78,500 | 1 Sep 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 85 sq meters or 914 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £480,000 results in an estimated price of approximately £592,440.
16 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 148.0 | 23.425 % | £480,000 | £112,440 | £592,440 |
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 | -24.221 % | £-116,259 | £363,740 |
3 Month Average | -18.412 % | £-88,379 | £391,620 |
6 Month Average | -8.277 % | £-39,728 | £440,271 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £319,097 | £315,000 | FLAT 16 FARRELL HOUSE, 10 RONALD STREET |
6 Mar 2020 | £1,793,363 | £1,495,000 | 400 COMMERCIAL ROAD |
7 Nov 2019 | £429,966 | £352,000 | FLAT 4 STYLUS HOUSE DEVONPORT STREET |
30 May 2019 | £7,232,985 | £5,875,000 | 384 - 388 COMMERCIAL ROAD |
29 Mar 2019 | £510,616 | £415,000 | 32 DEVONPORT STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 28 Mar 2017. Using an estimated price of £592,441 means this house is valued at £6,969 per sq meter (£647 per sq foot).
The average size of a house on RONALD STREET is 87 sq meters (945 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ronald Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ronald Street |
Jan 2024 | Anti-social behaviour | On or near Ronald Street | |
Jan 2024 | Anti-social behaviour | On or near Ronald Street | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ronald Street |