£448,539
This estimated value is based upon the latest sale price for the house of £400,000 on 24 Mar 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 3, 8-20 Well Street, London, E9 7PX
Phone: 02035891404
Price Paid | Date |
---|---|
£400,000 | 24 Mar 2021 |
£398,800 | 8 Mar 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 2021 the House Price Index for GREATER LONDON was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £400,000 results in an estimated price of approximately £448,539.
24 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.5 | 149.7 | 12.135 % | £400,000 | £48,539 | £448,539 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | -46.178 % | £-184,713 | £215,286 |
3 Month Average | 17.355 % | £69,418 | £469,418 |
6 Month Average | 16.043 % | £64,173 | £464,173 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £628,453 | £612,500 | 21 FRAMPTON PARK ROAD |
3 Feb 2023 | £1,187,935 | £1,180,000 | 24 ST THOMAS'S PLACE |
11 Oct 2022 | £370,998 | £372,237 | FLAT 4 LYME GROVE HOUSE LYME GROVE |
27 May 2022 | £431,235 | £420,000 | FLAT 1 GROVE HOUSE, 27 FRAMPTON PARK ROAD |
22 Mar 2022 | £442,471 | £423,850 | FLAT 7 CLAYTON HOUSE FRAMPTON PARK ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 26 Jan 2016. Using an estimated price of £448,539 means this house is valued at £8,155 per sq meter (£757 per sq foot).
The average size of a house on FRAMPTON PARK ROAD is 69 sq meters (749 sq feet).