£670,039
This estimated value is based upon the latest sale price for the house of £680,000 on 14 Oct 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
| Price Paid | Date |
|---|---|
| £680,000 | 14 Oct 2022 |
| £590,000 | 18 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 October 2022 the House Price Index for GREATER LONDON was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £680,000 results in an estimated price of approximately £670,039.
| 14 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.0 | -1.465 % | £680,000 | £-9,960 | £670,039 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | -36.310 % | £-246,906 | £433,093 |
| 3 Month Average | -1.741 % | £-11,839 | £668,160 |
| 6 Month Average | 1.977 % | £13,440 | £693,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £276,683 | £275,000 | 6 REGENT SQUARE |
| 14 Oct 2022 | £670,040 | £680,000 | 43 RAINHILL WAY |
| 31 Mar 2022 | £143,937 | £139,463 | 21 STEPHENSON CLOSE |
| 31 Mar 2022 | £204,820 | £198,454 | 33 STEPHENSON CLOSE |
| 31 Mar 2022 | £213,928 | £207,279 | 8 STEPHENSON CLOSE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 29 Jun 2016. Using an estimated price of £670,040 means this house is valued at £6,036 per sq meter (£560 per sq foot).
The average size of a house on RAINHILL WAY is 63 sq meters (680 sq feet).