£378,111
This estimated value is based upon the latest sale price for the house of £310,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
| Price Paid | Date |
|---|---|
| £310,000 | 31 Jan 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £310,000 results in an estimated price of approximately £378,111.
| 31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £310,000 | £68,111 | £378,111 |
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 | 2.798 % | £8,674 | £318,674 |
| 3 Month Average | 5.976 % | £18,524 | £328,524 |
| 6 Month Average | 3.952 % | £12,251 | £322,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £470,061 | £465,000 | FLAT 14 LINK HOUSE, 195 BOW ROAD |
| 28 Nov 2022 | £281,589 | £285,000 | FLAT 19 DORRINGTON POINT BROMLEY HIGH STREET |
| 23 Sep 2022 | £342,236 | £345,000 | FLAT 20 RUDSTONE HOUSE BROMLEY HIGH STREET |
| 16 Sep 2022 | £257,468 | £259,547 | FLAT 12 BAXTER HOUSE BROMLEY HIGH STREET |
| 19 Aug 2022 | £208,439 | £209,000 | FLAT 18 DORRINGTON POINT BROMLEY HIGH STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 16 Oct 2018. Using an estimated price of £378,111 means this house is valued at £5,817 per sq meter (£540 per sq foot).
The average size of a house on BOW ROAD is 74 sq meters (805 sq feet).