£626,663
This estimated value is based upon the latest sale price for the house of £450,000 on 4 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1, 234 Whitechapel Road, London, E1 1BJ
Phone: 02081157847
| Price Paid | Date |
|---|---|
| £450,000 | 4 Nov 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £450,000 results in an estimated price of approximately £626,663.
| 4 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £450,000 | £176,663 | £626,663 |
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 | -26.188 % | £-117,846 | £332,153 |
| 3 Month Average | -22.896 % | £-103,032 | £346,967 |
| 6 Month Average | -14.260 % | £-64,171 | £385,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £259,134 | £254,600 | FLAT 14 ORION HOUSE COVENTRY ROAD |
| 17 Jan 2023 | £159,250 | £160,000 | FLAT 5 ASHINGTON HOUSE, 28 BARNSLEY STREET |
| 30 Aug 2022 | £468,738 | £470,000 | FLAT 55 EAGLE HOUSE HEADLAM STREET |
| 27 Jun 2022 | £271,842 | £268,000 | FLAT 27 EAGLE HOUSE HEADLAM STREET |
| 6 May 2022 | £417,874 | £410,000 | FLAT 19 REDMILL HOUSE HEADLAM STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 17 Oct 2014. Using an estimated price of £626,663 means this house is valued at £7,736 per sq meter (£718 per sq foot).
The average size of a house on HEADLAM STREET is 69 sq meters (747 sq feet).