£556,130
This estimated value is based upon the latest sale price for the house of £450,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
Price Paid | Date |
---|---|
£450,000 | 20 Dec 2019 |
Flats/Maisonettes |
Leasehold |
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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £450,000 results in an estimated price of approximately £556,130.
20 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £450,000 | £106,130 | £556,130 |
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 | -17.167 % | £-77,252 | £372,747 |
3 Month Average | -6.007 % | £-27,033 | £422,966 |
6 Month Average | -1.676 % | £-7,541 | £442,458 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Nov 2022 | £450,394 | £452,500 | FLAT G03 SHAFT APARTMENTS, 12 RICHARD TRESS WAY |
26 Oct 2022 | £423,585 | £425,000 | FLAT G01 SHAFT APARTMENTS, 12 RICHARD TRESS WAY |
25 Mar 2022 | £608,613 | £583,000 | 36 RICHARD TRESS WAY |
14 Mar 2022 | £438,452 | £420,000 | FLAT 105 LONGBOW APARTMENTS, 71 ST CLEMENTS AVENUE |
21 Dec 2021 | £642,188 | £595,000 | FLAT 306 LONGBOW APARTMENTS, 71 ST CLEMENTS AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Clements Avenue |
Apr 2024 | Anti-social behaviour | On or near Richard Tress Way | |
Apr 2024 | Anti-social behaviour | On or near Richard Tress Way | |
Apr 2024 | Anti-social behaviour | On or near Richard Tress Way | |
Apr 2024 | Anti-social behaviour | On or near Richard Tress Way |