£495,513
This estimated value is based upon the latest sale price for the house of £405,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Tarling Street, London, E1 0AD
Phone: 02080225525
| Price Paid | Date |
|---|---|
| £405,000 | 14 Feb 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £405,000 results in an estimated price of approximately £495,513.
| 14 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £405,000 | £90,513 | £495,513 |
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 | -14.441 % | £-58,485 | £346,514 |
| 3 Month Average | -29.508 % | £-119,507 | £285,492 |
| 6 Month Average | -22.803 % | £-92,353 | £312,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £285,223 | £281,000 | FLAT 86 KELDAY HEIGHTS, 2 SPENCER WAY |
| 21 Sep 2023 | £401,129 | £396,000 | 2 SHADWELL GARDENS |
| 1 Aug 2023 | £10,088 | £10,000 | 139 WATNEY STREET |
| 30 Aug 2022 | £329,114 | £330,000 | FLAT 2 89 WATNEY STREET |
| 5 Aug 2022 | £326,621 | £327,500 | FLAT 5 89 WATNEY STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 25 Apr 2019. Using an estimated price of £495,513 means this house is valued at £7,623 per sq meter (£708 per sq foot).
The average size of a house on SPENCER WAY is 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Spencer Way | |
| Jan 2024 | Anti-social behaviour | On or near Spencer Way | |
| Jan 2024 | Anti-social behaviour | On or near Spencer Way | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near James Voller Way |