£376,293
This estimated value is based upon the latest sale price for the house of £65,995 on 11 Aug 1995. 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 |
---|---|
£65,995 | 11 Aug 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 August 1995 the House Price Index for GREATER LONDON was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 470.185%.Applying this 470.185% change to the original purchase price of £65,995 results in an estimated price of approximately £376,293.
11 Aug 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 148.6 | 470.185 % | £65,995 | £310,298 | £376,293 |
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 | 412.859 % | £272,466 | £338,461 |
3 Month Average | 399.240 % | £263,478 | £329,473 |
6 Month Average | 436.879 % | £288,318 | £354,313 |
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 47 sq meters or 505 sq feet when measured on 8 Feb 2018. Using an estimated price of £376,293 means this house is valued at £8,006 per sq meter (£743 per sq foot).
The average size of a house on CLEVELAND GROVE is 51 sq meters (556 sq feet).