£288,476
This estimated value is based upon the latest sale price for the house of £155,000 on 15 Apr 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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G03 Cordage House, 15 Cobblestone Square, London, E1W 3AS
Phone: 02080225574
Price Paid | Date |
---|---|
£155,000 | 15 Apr 2009 |
£110,000 | 24 May 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 25 sq meters or 269 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 April 2009 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £155,000 results in an estimated price of approximately £288,476.
15 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.114 % | £155,000 | £133,476 | £288,476 |
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 | 27.308 % | £42,327 | £197,327 |
3 Month Average | 80.907 % | £125,406 | £280,406 |
6 Month Average | 85.013 % | £131,770 | £286,770 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £302,648 | £300,000 | FLAT 42 REARDON HOUSE REARDON STREET |
16 Aug 2023 | £453,971 | £450,000 | 32 DISCOVERY WALK |
21 Jul 2023 | £575,242 | £567,500 | 9 DISCOVERY WALK |
29 Jun 2022 | £431,092 | £425,000 | FLAT 52 REARDON HOUSE REARDON STREET |
2 Nov 2021 | £394,753 | £365,000 | FLAT 65 REARDON HOUSE REARDON STREET |
This house has a floor area of 25 sq meters or 269 sq feet when measured on 2 Dec 2018. Using an estimated price of £288,476 means this house is valued at £11,539 per sq meter (£1,072 per sq foot).
The average size of a house on DISCOVERY WALK is 52 sq meters (563 sq feet).
This house is the smallest in the street with a floor area of 25 sq meters (269 sq feet).