£1,120,289
This estimated value is based upon the latest sale price for the house of £400,000 on 22 Jul 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Sandys Row, London, E1 7HW
Phone: 02073929155
| Price Paid | Date |
|---|---|
| £400,000 | 22 Jul 2002 |
| £310,000 | 31 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 July 2002 the House Price Index for GREATER LONDON was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £400,000 results in an estimated price of approximately £1,120,289.
| 22 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £400,000 | £720,289 | £1,120,289 |
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 | 94.814 % | £379,254 | £779,254 |
| 3 Month Average | 92.515 % | £370,061 | £770,061 |
| 6 Month Average | 137.477 % | £549,906 | £949,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £992,363 | £975,000 | FLAT 3 4 SPITAL SQUARE |
| 28 Nov 2023 | £786,646 | £775,000 | FLAT 1 20 BISHOPS SQUARE |
| 4 Aug 2023 | £253,215,211 | £251,000,000 | 250 BISHOPSGATE |
| 31 Jan 2022 | £752,472 | £715,000 | FLAT 10 25 SPITAL SQUARE |
| 27 Aug 2021 | £3,123,724 | £2,800,000 | 16 FOLGATE STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 11 Nov 2019. Using an estimated price of £1,120,289 means this house is valued at £10,373 per sq meter (£963 per sq foot).
The average size of a house on SPITAL SQUARE is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spital Square |
| Dec 2023 | Other theft | Under investigation | On or near Spital Square |
| Feb 2024 | Other theft | Under investigation | On or near Spital Square |
| Jan 2024 | Other theft | Under investigation | On or near Spital Square |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Spital Square |