£514,721
This estimated value is based upon the latest sale price for the house of £400,000 on 10 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 - 5 Dock Street, London, E1 8JN
Phone: 02077683193
Price Paid | Date |
---|---|
£400,000 | 10 May 2017 |
£40,000 | 11 Dec 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 May 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £400,000 results in an estimated price of approximately £514,721.
10 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £400,000 | £114,721 | £514,721 |
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 | -22.238 % | £-88,953 | £311,046 |
3 Month Average | -11.187 % | £-44,746 | £355,253 |
6 Month Average | -2.297 % | £-9,188 | £390,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £278,700 | £278,700 | FLAT 72 SHEARSMITH HOUSE HINDMARSH CLOSE |
25 Aug 2023 | £343,001 | £340,000 | FLAT 5 STOCKHOLM HOUSE SWEDENBORG GARDENS |
15 Jul 2022 | £381,026 | £380,000 | FLAT 9 LANGMORE HOUSE STUTFIELD STREET |
31 Mar 2022 | £1,191,702 | £1,150,000 | CHURCH HOUSE WELLCLOSE SQUARE |
22 Dec 2021 | £302,128 | £282,000 | FLAT 7 SHEARSMITH HOUSE HINDMARSH CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 21 Nov 2017. Using an estimated price of £514,721 means this house is valued at £8,170 per sq meter (£759 per sq foot).
The average size of a house on HINDMARSH CLOSE is 61 sq meters (661 sq feet).