£286,377
This estimated value is based upon the latest sale price for the house of £155,000 on 5 Jan 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
Price Paid | Date |
---|---|
£155,000 | 5 Jan 2009 |
£140,000 | 27 Jan 2006 |
£39,000 | 27 Jul 1997 |
Flats/Maisonettes |
Leasehold |
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 January 2009 the House Price Index for GREATER LONDON was 81.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.760%.Applying this 84.760% change to the original purchase price of £155,000 results in an estimated price of approximately £286,377.
5 Jan 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.0 | 149.7 | 84.760 % | £155,000 | £131,377 | £286,377 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 116.891 % | £181,181 | £336,181 |
3 Month Average | 146.052 % | £226,380 | £381,380 |
6 Month Average | 133.017 % | £206,175 | £361,175 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £525,000 | £525,000 | 34 FERNDALE AVENUE |
4 Jun 2024 | £484,000 | £484,000 | FIRST FLOOR FLAT 40 FERNDALE AVENUE |
30 Nov 2023 | £743,883 | £725,000 | 37 ROLAND ROAD |
7 Aug 2023 | £282,597 | £277,500 | FLAT 28 CLOCK HOUSE WOOD STREET |
2 Jun 2023 | £510,225 | £500,000 | 42 ROLAND ROAD |