£655,107
This estimated value is based upon the latest sale price for the house of £485,000 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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124 Whitechapel Road, Aldgate, E1 1JE
Phone: 02081154030
| Price Paid | Date |
|---|---|
| £485,000 | 23 Mar 2016 |
| £265,000 | 21 Jul 2006 |
| £160,000 | 9 Jan 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £485,000 results in an estimated price of approximately £655,107.
| 23 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £485,000 | £170,107 | £655,107 |
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 | -24.273 % | £-117,724 | £367,275 |
| 3 Month Average | -31.658 % | £-153,541 | £331,458 |
| 6 Month Average | -18.661 % | £-90,505 | £394,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2023 | £355,348 | £352,000 | FLAT 6 GWYNNE HOUSE TURNER STREET |
| 28 Sep 2022 | £991,989 | £1,000,000 | 89 DURWARD STREET |
| 22 Oct 2021 | £177,036 | £160,000 | FLAT 23 121 NEW ROAD |
| 29 Jun 2021 | £643,755 | £600,000 | FLAT 2 1 FEATHER MEWS |
| 9 Apr 2021 | £700,091 | £620,000 | 34 MOUNT TERRACE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 30 Jun 2021. Using an estimated price of £655,108 means this house is valued at £11,493 per sq meter (£1,067 per sq foot).
The average size of a house on MOUNT TERRACE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Mount Terrace |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mount Terrace |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Whitechapel Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Whitechapel Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fulbourne Street |