£533,364
This estimated value is based upon the latest sale price for the house of £221,000 on 11 Apr 2003. 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 |
---|---|
£221,000 | 11 Apr 2003 |
£85,995 | 29 Nov 1996 |
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 April 2003 the House Price Index for GREATER LONDON was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £221,000 results in an estimated price of approximately £533,364.
11 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 149.7 | 141.341 % | £221,000 | £312,364 | £533,364 |
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 | 162.550 % | £359,234 | £580,234 |
3 Month Average | 193.005 % | £426,540 | £647,540 |
6 Month Average | 172.830 % | £381,954 | £602,954 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £373,686 | £364,200 | FLAT 13-12 KEMPTON COURT, 2 DURWARD STREET |
23 Aug 2023 | £692,490 | £680,000 | FLAT 1 269A WHITECHAPEL ROAD |
29 Jul 2022 | £595,972 | £590,000 | FLAT 8-31 KEMPTON COURT, 2 DURWARD STREET |
4 Mar 2022 | £344,498 | £330,000 | FLAT 9-31 KEMPTON COURT, 2 DURWARD STREET |
21 Dec 2021 | £437,120 | £405,000 | FLAT 6-G1 KEMPTON COURT, 2 DURWARD STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 2 Jun 2012. Using an estimated price of £533,364 means this house is valued at £8,466 per sq meter (£786 per sq foot).
The average size of a house on DURWARD STREET is 64 sq meters (690 sq feet).