£994,722
This estimated value is based upon the latest sale price for the house of £685,000 on 1 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
51 Vicarage Lane, London, E15 4HG
Phone: 02080223215
| Price Paid | Date |
|---|---|
| £685,000 | 1 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £685,000 results in an estimated price of approximately £994,722.
| 1 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £685,000 | £309,722 | £994,722 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 38.901 % | £266,471 | £951,471 |
| 3 Month Average | 23.138 % | £158,496 | £843,496 |
| 6 Month Average | 40.917 % | £280,281 | £965,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £1,877,801 | £1,850,000 | 1 WATER LANE |
| 25 Jul 2023 | £278,752 | £275,000 | 6 ONYX MEWS |
| 26 Aug 2022 | £299,195 | £300,000 | 3 ONYX MEWS |
| 5 Oct 2021 | £293,217 | £265,000 | FLAT 13 THE QUADRANGLE HOUSE, 84 ROMFORD ROAD |
| 30 Sep 2021 | £317,890 | £295,000 | FLAT 47 THE QUADRANGLE HOUSE, 84 ROMFORD ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 15 Jun 2016. Using an estimated price of £994,722 means this house is valued at £21,624 per sq meter (£2,008 per sq foot).
The average size of a house on ROMFORD ROAD is 64 sq meters (689 sq feet).