£358,680
This estimated value is based upon the latest sale price for the house of £247,000 on 16 Jun 2015. 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 |
|---|---|
| £247,000 | 16 Jun 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £247,000 results in an estimated price of approximately £358,680.
| 16 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £247,000 | £111,680 | £358,680 |
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 | 5.617 % | £13,873 | £260,873 |
| 3 Month Average | 8.500 % | £20,994 | £267,994 |
| 6 Month Average | 25.270 % | £62,417 | £309,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £222,849 | £220,000 | FLAT 3 BENTLEY HOUSE, 21 WELLINGTON WAY |
| 9 Aug 2023 | £378,310 | £375,000 | FLAT 7 BENTLEY HOUSE, 21 WELLINGTON WAY |
| 2 Jun 2023 | £389,721 | £385,000 | FLAT 8 HEALEY HOUSE, 70 WELLINGTON WAY |
| 4 Jul 2022 | £386,039 | £385,000 | FLAT 5 FAIRMONT HOUSE, 60 WELLINGTON WAY |
| 29 Jun 2022 | £322,051 | £317,500 | FLAT 12 CRESTA HOUSE, 12 IRETON STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Jul 2019. Using an estimated price of £358,681 means this house is valued at £4,913 per sq meter (£456 per sq foot).
The average size of a house on WELLINGTON WAY is 55 sq meters (597 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ireton Street |
| Jan 2024 | Vehicle crime | Under investigation | On or near Theatre/Concert Hall |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Archibald Street |