£341,832
This estimated value is based upon the latest sale price for the house of £200,000 on 16 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Commercial Street, Spitalfields, E1 6BD
Phone: 02034630249
| Price Paid | Date |
|---|---|
| £200,000 | 16 Mar 2012 |
| £60,000 | 4 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 615 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £200,000 results in an estimated price of approximately £341,832.
| 16 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £200,000 | £141,832 | £341,832 |
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 | 34.400 % | £68,800 | £268,800 |
| 3 Month Average | 26.163 % | £52,326 | £252,326 |
| 6 Month Average | 49.016 % | £98,031 | £298,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2022 | £528,597 | £535,000 | FLAT 63 DENNING POINT, 33 COMMERCIAL STREET |
| 3 Aug 2022 | £508,631 | £510,000 | FLAT 17 DENNING POINT, 33 COMMERCIAL STREET |
| 2 Aug 2021 | £585,698 | £525,000 | FLAT 28 DENNING POINT, 33 COMMERCIAL STREET |
| 30 Jun 2021 | £804,693 | £750,000 | FLAT 42 KENSINGTON APARTMENTS, 11 COMMERCIAL STREET |
| 18 Jun 2021 | £407,711 | £380,000 | FLAT 1 KENSINGTON APARTMENTS, 11 COMMERCIAL STREET |
This house has a floor area of 57 sq meters or 615 sq feet when measured on 11 Sep 2011. Using an estimated price of £341,833 means this house is valued at £5,981 per sq meter (£555 per sq foot).
The average size of a house on COMMERCIAL STREET is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Wentworth Street |
| Apr 2024 | Robbery | Under investigation | On or near Wentworth Street |
| Apr 2024 | Bicycle theft | Under investigation | On or near Wentworth Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wentworth Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wentworth Street |