£624,151
This estimated value is based upon the latest sale price for the house of £499,950 on 12 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58 St Paul's Way, London, E3 4AL
Phone: 02036419816
Price Paid | Date |
---|---|
£499,950 | 12 Jul 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £499,950 results in an estimated price of approximately £624,151.
12 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £499,950 | £124,201 | £624,151 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | -9.884 % | £-49,412 | £450,537 |
3 Month Average | -5.692 % | £-28,459 | £471,490 |
6 Month Average | 3.746 % | £18,729 | £518,679 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £531,721 | £520,000 | FLAT 102 BIGHT COURT, 17 NELLIE CRESSALL WAY |
18 Aug 2023 | £544,827 | £535,000 | FLAT 503 BRAID COURT, 27 NELLIE CRESSALL WAY |
17 Mar 2023 | £462,728 | £455,000 | FLAT 203 BIGHT COURT, 17 NELLIE CRESSALL WAY |
26 Sep 2022 | £404,730 | £405,000 | FLAT 303 LARIAT COURT, 34 NELLIE CRESSALL WAY |
9 Jun 2022 | £475,157 | £465,000 | FLAT 402 LANYARD COURT, 24 NELLIE CRESSALL WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 22 Jan 2018. Using an estimated price of £624,152 means this house is valued at £8,668 per sq meter (£805 per sq foot).
The average size of a house on NELLIE CRESSALL WAY is 73 sq meters (787 sq feet).