£1,641,834
This estimated value is based upon the latest sale price for the house of £1,096,572 on 3 Nov 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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121 Richmond Road, Hackney, E8 3NJ
Phone: 02045163511
Price Paid | Date |
---|---|
£1,096,572 | 3 Nov 2014 |
£625,000 | 22 Feb 2008 |
Terraced |
Freehold |
Floor Area: 127 sq meters or 1,367 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £1,096,572 results in an estimated price of approximately £1,641,834.
3 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £1,096,572 | £545,262 | £1,641,834 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | -53.271 % | £-584,157 | £512,414 |
3 Month Average | -12.080 % | £-132,463 | £964,108 |
6 Month Average | 13.298 % | £145,827 | £1,242,399 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £609,016 | £600,000 | 11 ROCHFORD WALK |
6 Apr 2023 | £667,184 | £660,000 | 42 ELMBRIDGE WALK |
20 Feb 2023 | £819,449 | £820,000 | 88A LANSDOWNE DRIVE |
11 Aug 2022 | £704,658 | £706,555 | 107 MORLAND ESTATE |
30 Jun 2022 | £933,188 | £920,000 | 94A LANSDOWNE DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 8 Apr 2014. Using an estimated price of £1,641,834 means this house is valued at £12,927 per sq meter (£1,201 per sq foot).
The average size of a house on APPLEBY ROAD is 114 sq meters (1,227 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).