£407,119
This estimated value is based upon the latest sale price for the house of £93,000 on 11 Jun 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 Mile End Road, E1 4TT
Phone: 02080222781
Price Paid | Date |
---|---|
£93,000 | 11 Jun 1999 |
£64,000 | 14 Mar 1997 |
£57,995 | 16 Jan 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 June 1999 the House Price Index for GREATER LONDON was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £93,000 results in an estimated price of approximately £407,119.
11 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 148.6 | 337.762 % | £93,000 | £314,119 | £407,119 |
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 | 166.331 % | £154,688 | £247,688 |
3 Month Average | 214.306 % | £199,304 | £292,304 |
6 Month Average | 276.022 % | £256,700 | £349,700 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £319,297 | £315,000 | FLAT 12 MONTGOMERY LODGE, 3 CLEVELAND GROVE |
21 Jul 2023 | £461,207 | £455,000 | 25 CLEVELAND WAY |
5 Jun 2023 | £1,062,875 | £1,050,000 | 45 MILE END ROAD |
28 Apr 2023 | £328,537 | £325,000 | FLAT 4 28 CLEVELAND WAY |
5 Apr 2023 | £283,048 | £280,000 | FLAT 4 MONTGOMERY LODGE, 3 CLEVELAND GROVE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 3 Dec 2012. Using an estimated price of £407,119 means this house is valued at £9,047 per sq meter (£840 per sq foot).
The average size of a house on CLEVELAND GROVE is 51 sq meters (556 sq feet).