£157,950
This estimated value is based upon the latest sale price for the house of £145,500 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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665 Commercial Road, London, E14 7LW
Phone: 02080225580
Price Paid | Date |
---|---|
£145,500 | 24 Sep 2021 |
£145,500 | 26 May 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £145,500 results in an estimated price of approximately £157,950.
24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £145,500 | £12,450 | £157,950 |
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 | -3.060 % | £-4,451 | £141,048 |
3 Month Average | 4.567 % | £6,645 | £152,145 |
6 Month Average | -19.352 % | £-28,157 | £117,342 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £588,363 | £575,000 | FLAT 27 VITRUVIAN COURT, 7 ROLLING MILLS MEWS |
30 Sep 2022 | £509,660 | £510,000 | FLAT 3 NICKEL COURT, 3 ROLLING MILLS MEWS |
10 Jun 2022 | £563,035 | £551,000 | FLAT 2 METTALICA COURT, 11 ROLLING MILLS MEWS |
10 Nov 2021 | £544,760 | £500,000 | FLAT 3 VITRUVIAN COURT, 7 ROLLING MILLS MEWS |
24 Sep 2021 | £157,950 | £145,500 | FLAT 2 NICKEL COURT, 3 ROLLING MILLS MEWS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Feb 2016. Using an estimated price of £157,950 means this house is valued at £2,357 per sq meter (£219 per sq foot).
The average size of a house on ROLLING MILLS MEWS is 68 sq meters (741 sq feet).