£496,243
This estimated value is based upon the latest sale price for the house of £340,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Spelman Street
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29-31 Greatorex Street, London, E1 5NP
Phone: 02036411475
| Price Paid | Date |
|---|---|
| £340,000 | 15 May 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £340,000 results in an estimated price of approximately £496,243.
| 15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £340,000 | £156,243 | £496,243 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | -21.413 % | £-72,803 | £267,196 |
| 3 Month Average | -15.573 % | £-52,947 | £287,052 |
| 6 Month Average | 2.503 % | £8,510 | £348,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £489,280 | £485,000 | FLAT 11 GREATOREX HOUSE GREATOREX STREET |
| 30 Jun 2023 | £548,646 | £542,000 | FLAT 36 MCGLASHON HOUSE HUNTON STREET |
| 21 Mar 2023 | £333,139 | £330,000 | FLAT 8 RAMAR HOUSE HANBURY STREET |
| 24 Jan 2023 | £318,500 | £320,000 | FLAT 5 ARTHUR DEAKIN HOUSE HUNTON STREET |
| 15 Aug 2022 | £536,057 | £537,500 | FLAT 10 VOLLASKY HOUSE DAPLYN STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 13 Feb 2021. Using an estimated price of £496,244 means this house is valued at £8,861 per sq meter (£823 per sq foot).
The average size of a house on HANBURY STREET is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spelman Street |
| Dec 2023 | Burglary | Under investigation | On or near Spelman Street |
| Dec 2023 | Anti-social behaviour | On or near Spelman Street | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spelman Street |
| Dec 2023 | Anti-social behaviour | On or near Spelman Street |