£670,842
This estimated value is based upon the latest sale price for the house of £550,000 on 6 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Pennyfields, London, E14 8HP
Phone: 02036419754
| Price Paid | Date |
|---|---|
| £550,000 | 6 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,220 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £550,000 results in an estimated price of approximately £670,842.
| 6 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £550,000 | £120,842 | £670,842 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | -7.429 % | £-40,857 | £509,142 |
| 3 Month Average | -12.593 % | £-69,261 | £480,738 |
| 6 Month Average | 9.302 % | £51,162 | £601,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Feb 2023 | £274,815 | £275,000 | FLAT 9 PUSEY HOUSE SARACEN STREET |
| 6 Feb 2023 | £305,794 | £306,000 | FLAT 20 RUSSELL HOUSE SARACEN STREET |
| 5 Oct 2022 | £311,644 | £315,000 | 54 ROSEFIELD GARDENS |
| 29 Jul 2022 | £300,810 | £300,000 | FLAT 8 RUSSELL HOUSE SARACEN STREET |
| 22 Jul 2022 | £210,567 | £210,000 | FLAT 3 OVERSTONE HOUSE EAST INDIA DOCK ROAD |
This house has a floor area of 113 sq meters or 1,220 sq feet when measured on 14 Sep 2011. Using an estimated price of £670,843 means this house is valued at £5,915 per sq meter (£549 per sq foot).
The average size of a house on KEMPS DRIVE is 94 sq meters (1,020 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Kemps Drive |
| Mar 2024 | Drugs | Under investigation | On or near Nankin Street |
| Mar 2024 | Anti-social behaviour | On or near Nankin Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Nankin Street |
| Jan 2024 | Public order | Under investigation | On or near Nankin Street |