£314,918
This estimated value is based upon the latest sale price for the house of £185,000 on 27 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near East Smithfield
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55 Royal Mint Street, London, E1 8LG
Phone: 02081154399
Price Paid | Date |
---|---|
£185,000 | 27 Mar 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 448 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.226%.Applying this 70.226% change to the original purchase price of £185,000 results in an estimated price of approximately £314,918.
27 Mar 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 148.0 | 70.226 % | £185,000 | £129,918 | £314,918 |
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 | 29.167 % | £53,958 | £238,958 |
3 Month Average | 51.577 % | £95,417 | £280,417 |
6 Month Average | 91.738 % | £169,714 | £354,714 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £530,028 | £520,000 | FLAT 28 ROYAL TOWER LODGE, 40 CARTWRIGHT STREET |
6 Jun 2023 | £609,946 | £605,000 | FLAT 17 VICTORIA COURT CARTWRIGHT STREET |
27 Mar 2023 | £1,407,609 | £1,400,000 | FLAT 41 MERGANSER COURT STAR PLACE |
24 Jun 2022 | £489,966 | £485,000 | FLAT 12 43 - 45 EAST SMITHFIELD |
6 May 2022 | £925,761 | £912,000 | FLAT 42 OSPREY COURT STAR PLACE |
This house has a floor area of 41 sq meters or 448 sq feet when measured on 15 Feb 2012. Using an estimated price of £314,919 means this house is valued at £7,553 per sq meter (£701 per sq foot).
The average size of a house on EAST SMITHFIELD is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Robbery | Under investigation | On or near East Smithfield |
Mar 2024 | Violence and sexual offences | Under investigation | On or near East Smithfield |
Feb 2024 | Burglary | Under investigation | On or near East Smithfield |
Jan 2024 | Anti-social behaviour | On or near East Smithfield | |
Jan 2024 | Burglary | Under investigation | On or near East Smithfield |