£575,358
This estimated value is based upon the latest sale price for the house of £350,000 on 16 Sep 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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220 Commercial Road, Aldgate, London, E1 2JT
Phone: 02077680986
| Price Paid | Date |
|---|---|
| £350,000 | 16 Sep 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2013 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £350,000 results in an estimated price of approximately £575,358.
| 16 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £350,000 | £225,358 | £575,358 |
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 | 0.021 % | £72 | £350,072 |
| 3 Month Average | 6.952 % | £24,331 | £374,331 |
| 6 Month Average | 25.320 % | £88,620 | £438,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £223,918 | £220,000 | FLAT 14 TYLNEY HOUSE NELSON STREET |
| 19 Oct 2022 | £375,952 | £380,000 | FLAT 2 40 HAINTON CLOSE |
| 20 Jun 2022 | £106,505 | £105,000 | FLAT 3 2 FENTON STREET |
| 24 May 2022 | £3,006,653 | £2,950,000 | COMMERCIAL AREAS CANALETTO TOWER, 257 CITY ROAD |
| 30 Sep 2021 | £161,639 | £150,000 | FLAT 9 2 FENTON STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Sep 2012. Using an estimated price of £575,359 means this house is valued at £9,919 per sq meter (£921 per sq foot).
The average size of a house on COMMERCIAL ROAD is 64 sq meters (693 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Buross Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Buross Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Buross Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Buross Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fenton Street |