£271,062
This estimated value is based upon the latest sale price for the house of £179,000 on 12 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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11 Burford Road, Stratford, E15 2ST
Phone: 02080334809
| Price Paid | Date |
|---|---|
| £179,000 | 12 Aug 2014 |
| £134,995 | 11 Oct 2006 |
| £94,000 | 19 Dec 2002 |
| £23,000 | 17 Jan 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 426 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 August 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £179,000 results in an estimated price of approximately £271,062.
| 12 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £179,000 | £92,062 | £271,062 |
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 | 52.011 % | £93,100 | £272,100 |
| 3 Month Average | 44.913 % | £80,394 | £259,394 |
| 6 Month Average | 64.032 % | £114,616 | £293,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £226,986 | £225,000 | FLAT 60 BRITTEN COURT ABBEY LANE |
| 1 Aug 2023 | £567,969 | £563,000 | 10 ABBOTSBURY CLOSE |
| 16 Mar 2023 | £277,615 | £275,000 | FLAT 16 BRITTEN COURT ABBEY LANE |
| 24 Sep 2021 | £576,512 | £535,000 | 8 RIVERSIDE ROAD |
| 12 Jul 2021 | £310,302 | £270,000 | FLAT 42 BRITTEN COURT ABBEY LANE |
This house has a floor area of 39 sq meters or 426 sq feet when measured on 28 Sep 2011. Using an estimated price of £271,063 means this house is valued at £6,848 per sq meter (£636 per sq foot).
The average size of a house on ABBEY LANE is 53 sq meters (576 sq feet).