£579,887
This estimated value is based upon the latest sale price for the house of £425,000 on 27 Apr 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Lion Court, 435 The Highway, London, E1W 3HT
Phone: 02036418423
Price Paid | Date |
---|---|
£425,000 | 27 Apr 2016 |
£176,000 | 26 May 2006 |
£160,000 | 18 Oct 2002 |
£123,000 | 31 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 90 sq meters or 968 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 April 2016 the House Price Index for GREATER LONDON was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £425,000 results in an estimated price of approximately £579,887.
27 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £425,000 | £154,887 | £579,887 |
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 | -6.317 % | £-26,845 | £398,154 |
3 Month Average | 10.216 % | £43,418 | £468,418 |
6 Month Average | 5.051 % | £21,468 | £446,468 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £215,245 | £208,631 | 17 LIPTON ROAD |
9 Nov 2023 | £256,511 | £250,000 | 11 EDWARD MANN CLOSE EAST |
18 Sep 2023 | £334,882 | £327,500 | 58 LIPTON ROAD |
16 Jan 2023 | £427,141 | £426,000 | 3 LIPTON ROAD |
24 Nov 2021 | £473,527 | £434,620 | 12 OLD CHURCH ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 2 Sep 2019. Using an estimated price of £579,888 means this house is valued at £6,443 per sq meter (£598 per sq foot).
The average size of a house on PITSEA STREET is 85 sq meters (918 sq feet).