£528,732
This estimated value is based upon the latest sale price for the house of £428,000 on 11 Jan 2019. 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 |
|---|---|
| £428,000 | 11 Jan 2019 |
| £355,000 | 21 Feb 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £428,000 results in an estimated price of approximately £528,732.
| 11 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £428,000 | £100,732 | £528,732 |
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 | 8.499 % | £36,376 | £464,376 |
| 3 Month Average | -14.447 % | £-61,833 | £366,166 |
| 6 Month Average | -10.800 % | £-46,225 | £381,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £392,816 | £387,000 | FLAT 3 29 HORTON ROAD |
| 25 Aug 2023 | £1,488,018 | £1,475,000 | 18 HORTON ROAD |
| 25 Jul 2023 | £506,821 | £500,000 | FLAT 8 58 WILTON WAY |
| 31 Aug 2022 | £498,658 | £500,000 | FLAT 18 31 HORTON ROAD |
| 16 Jun 2022 | £409,791 | £404,000 | FLAT A 7 HORTON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Nov 2013. Using an estimated price of £528,732 means this house is valued at £7,049 per sq meter (£654 per sq foot).
The average size of a house on ROYAL OAK ROAD is 75 sq meters (814 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Wilton Way |