£439,380
This estimated value is based upon the latest sale price for the house of £417,500 on 27 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1, 234 Whitechapel Road, London, E1 1BJ
Phone: 02081157847
| Price Paid | Date |
|---|---|
| £417,500 | 27 Jan 2022 |
| £260,000 | 3 May 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £417,500 results in an estimated price of approximately £439,380.
| 27 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £417,500 | £21,880 | £439,380 |
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 | -70.986 % | £-296,366 | £121,133 |
| 3 Month Average | -30.228 % | £-126,203 | £291,296 |
| 6 Month Average | -20.489 % | £-85,541 | £331,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £319,785 | £320,000 | FLAT 12 FREMANTLE HOUSE SOMERFORD STREET |
| 31 May 2022 | £497,372 | £488,000 | FLAT 40 HEATHPOOL COURT BRADY STREET |
| 20 May 2022 | £438,258 | £430,000 | FLAT 19 HARVEY HOUSE BRADY STREET |
| 25 Apr 2022 | £411,920 | £400,000 | FLAT 1 HEATHPOOL COURT BRADY STREET |
| 31 Jan 2022 | £326,246 | £310,000 | FLAT 11 FREMANTLE HOUSE SOMERFORD STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Dec 2021. Using an estimated price of £439,380 means this house is valued at £6,188 per sq meter (£574 per sq foot).
The average size of a house on SOMERFORD STREET is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Somerford Street |