£674,112
This estimated value is based upon the latest sale price for the house of £545,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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73a Burdett Road, Mile End, London, E3 4TN
Phone: 02080223976
Price Paid | Date |
---|---|
£545,000 | 24 Aug 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 861 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 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £545,000 results in an estimated price of approximately £674,112.
24 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £545,000 | £129,112 | £674,112 |
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 | -16.194 % | £-88,255 | £456,744 |
3 Month Average | -1.891 % | £-10,305 | £534,694 |
6 Month Average | 4.880 % | £26,596 | £571,596 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Aug 2022 | £349,060 | £350,000 | FLAT 21 FIELDER APARTMENTS, 1 HEATH PLACE |
23 Jun 2022 | £796,253 | £785,000 | 8 MOSSFORD STREET |
8 Apr 2022 | £803,243 | £780,000 | 19 MOSSFORD STREET |
15 Dec 2020 | £499,255 | £435,000 | FLAT 3 WINDERMERE HOUSE, 74 ERIC STREET |
18 Sep 2020 | £427,457 | £360,000 | FLAT 15 WINDERMERE HOUSE, 74 ERIC STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Jan 2014. Using an estimated price of £674,113 means this house is valued at £8,426 per sq meter (£782 per sq foot).
The average size of a house on HEATH PLACE is 60 sq meters (655 sq feet).