£466,434
This estimated value is based upon the latest sale price for the house of £389,940 on 17 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Price Paid | Date |
---|---|
£389,940 | 17 Sep 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £389,940 results in an estimated price of approximately £466,434.
17 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £389,940 | £76,494 | £466,434 |
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 | 87.082 % | £339,568 | £729,508 |
3 Month Average | 25.328 % | £98,765 | £488,705 |
6 Month Average | 12.079 % | £47,101 | £437,041 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £209,621 | £205,000 | GARDEN FLAT 45 ST LUKES ROAD |
23 Jun 2023 | £198,988 | £195,000 | 29 PRINCE GEORGE DRIVE |
31 Mar 2023 | £193,227 | £190,000 | 23 PRINCE GEORGE DRIVE |
28 Feb 2023 | £231,547 | £230,000 | 18 PRINCE GEORGE DRIVE |
1 Jun 2022 | £1,072,935 | £1,050,000 | 21 CHATSWORTH HOUSE DUCHESS WALK |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 10 Jul 2020. Using an estimated price of £466,435 means this house is valued at £12,274 per sq meter (£1,140 per sq foot).
The average size of a house on WARDS PLACE is 63 sq meters (681 sq feet).