£153,089
This estimated value is based upon the latest sale price for the house of £123,000 on 10 Jun 2019. 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 |
---|---|
£123,000 | 10 Jun 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £123,000 results in an estimated price of approximately £153,089.
10 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £123,000 | £30,089 | £153,089 |
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 | -1.160 % | £-1,426 | £121,573 |
3 Month Average | 14.759 % | £18,153 | £141,153 |
6 Month Average | 2.138 % | £2,630 | £125,630 |
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 50 sq meters or 538 sq feet when measured on 26 Feb 2016. Using an estimated price of £153,090 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on ROLLING MILLS MEWS is 68 sq meters (741 sq feet).