Full Address

NAXOS BUILDING, 4 FLAT 49 HUTCHINGS STREET
LONDON
GREATER LONDON
UNITED KINGDOM
E14 8JR

Estimated Market Value

£591,709

This estimated value is based upon the latest sale price for the house of £375,000 on 5 Nov 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

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Transactions for this house
Price PaidDate
£375,0005 Nov 2012
£365,0004 Nov 2003
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 November 2012 the House Price Index for GREATER LONDON was 78.1.

The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 57.789%.

Applying this 57.789% change to the original purchase price of £375,000 gives us an estimated price now of around £591,709.

5 Nov 2012 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
78.1 123.2 57.789 % £375,000 £216,709 £591,709

The Postcode Pricing Model uses changes in average sales price within the E14 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 123.514 % £463,175 £838,175
3 Month Average 23.910 % £89,663 £464,663
6 Month Average 36.755 % £137,831 £512,831
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
29 Nov 2019 £583,616 £580,000 FLAT 69 NAXOS BUILDING, 4 HUTCHINGS STREET
22 Nov 2019 £443,246 £440,500 FLAT 58 NAXOS BUILDING, 4 HUTCHINGS STREET
24 Sep 2019 £431,983 £428,500 FLAT 17 NAXOS BUILDING, 4 HUTCHINGS STREET
3 Sep 2019 £604,877 £600,000 FLAT 72 NAXOS BUILDING, 4 HUTCHINGS STREET
9 Jul 2019 £371,483 £365,000 FLAT 30 NAXOS BUILDING, 4 HUTCHINGS STREET

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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