£326,378
This estimated value is based upon the latest sale price for the house of £69,950 on 7 Aug 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 Mile End Road, E1 4TT
Phone: 02080222781
| Price Paid | Date |
|---|---|
| £69,950 | 7 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 August 1998 the House Price Index for GREATER LONDON was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £69,950 results in an estimated price of approximately £326,378.
| 7 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £69,950 | £256,428 | £326,378 |
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 | 153.300 % | £107,233 | £177,183 |
| 3 Month Average | 186.335 % | £130,341 | £200,291 |
| 6 Month Average | 268.659 % | £187,926 | £257,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £706,178 | £700,000 | 7 QUEENS TERRACE |
| 21 Jul 2023 | £461,207 | £455,000 | 25 CLEVELAND WAY |
| 28 Apr 2023 | £328,537 | £325,000 | FLAT 4 28 CLEVELAND WAY |
| 17 Mar 2023 | £494,660 | £490,000 | 27 CLEVELAND WAY |
| 9 Jan 2023 | £442,914 | £445,000 | FLAT 8 MARLBOROUGH LODGE, 4 CLEVELAND GROVE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 30 Jan 2019. Using an estimated price of £326,378 means this house is valued at £7,417 per sq meter (£689 per sq foot).
The average size of a house on CLEVELAND WAY is 62 sq meters (668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lamplighter Close |
| Jan 2024 | Anti-social behaviour | On or near Vawdrey Close | |
| Jan 2024 | Anti-social behaviour | On or near Vawdrey Close | |
| Jan 2024 | Anti-social behaviour | On or near Vawdrey Close | |
| Jan 2024 | Anti-social behaviour | On or near Vawdrey Close |