£401,583
This estimated value is based upon the latest sale price for the house of £217,500 on 4 Feb 2009. 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 |
|---|---|
| £217,500 | 4 Feb 2009 |
| Flats/Maisonettes |
| Leasehold |
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 February 2009 the House Price Index for GREATER LONDON was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.636%.Applying this 84.636% change to the original purchase price of £217,500 results in an estimated price of approximately £401,583.
| 4 Feb 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.636 % | £217,500 | £184,083 | £401,583 |
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 | 72.210 % | £157,056 | £374,556 |
| 3 Month Average | 79.067 % | £171,969 | £389,469 |
| 6 Month Average | 90.444 % | £196,716 | £414,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £438,907 | £433,000 | 18 MAHA BUILDING MERCHANT STREET |
| 14 Jul 2023 | £273,683 | £270,000 | FLAT 33 GRAFTON HOUSE, 12 WELLINGTON WAY |
| 23 Nov 2018 | £252,614 | £205,000 | FLAT 116 GRAFTON HOUSE, 12 WELLINGTON WAY |
| 14 Sep 2018 | £370,460 | £300,000 | 3 SAUNDERS APARTMENTS MERCHANT STREET |
| 14 Sep 2018 | £605,084 | £490,000 | 21 SAUNDERS APARTMENTS MERCHANT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merchant Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Merchant Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Merchant Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Merchant Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Merchant Street |