£305,065
This estimated value is based upon the latest sale price for the house of £280,000 on 5 Nov 2021. 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 |
---|---|
£280,000 | 5 Nov 2021 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £280,000 results in an estimated price of approximately £305,065.
5 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £280,000 | £25,065 | £305,065 |
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 | 0.234 % | £656 | £280,656 |
3 Month Average | -11.081 % | £-31,026 | £248,973 |
6 Month Average | 0.456 % | £1,277 | £281,277 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £2,359,904 | £2,300,000 | 88 HARDINGE STREET |
3 Aug 2023 | £152,755 | £150,000 | 3 COBURG DWELLINGS |
30 Mar 2023 | £696,634 | £685,000 | FLAT 8 MASTERS LODGE JOHNSON STREET |
24 Jan 2023 | £752,009 | £750,000 | FLAT 14 MASTERS LODGE JOHNSON STREET |
11 Nov 2022 | £398,138 | £400,000 | FLAT 25 THORNEWILL HOUSE CABLE STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 3 Jul 2015. Using an estimated price of £305,065 means this house is valued at £6,355 per sq meter (£590 per sq foot).
The average size of a house on GLAMIS ROAD is 71 sq meters (773 sq feet).