£541,259
This estimated value is based upon the latest sale price for the house of £320,000 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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133 Chimney Parade, E3 2GY
Phone: 02080330878
| Price Paid | Date |
|---|---|
| £320,000 | 7 Dec 2012 |
| £250,000 | 23 Jul 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 December 2012 the House Price Index for GREATER LONDON was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £320,000 results in an estimated price of approximately £541,259.
| 7 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £320,000 | £221,259 | £541,259 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 37.633 % | £120,424 | £440,424 |
| 3 Month Average | 31.155 % | £99,696 | £419,696 |
| 6 Month Average | 53.635 % | £171,630 | £491,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £550,000 | £550,000 | 220 OMEGA WORKS, 4 ROACH ROAD |
| 16 Aug 2019 | £609,130 | £495,000 | UNIT 38 OMEGA WORKS, 4 ROACH ROAD |
| 22 Jun 2018 | £621,971 | £500,000 | UNIT 12 OMEGA WORKS, 4 ROACH ROAD |
| 27 Mar 2018 | £119,051 | £95,000 | UNIT 138 OMEGA WORKS, 4 ROACH ROAD |
| 8 Feb 2018 | £580,999 | £465,000 | UNIT 313 OMEGA WORKS, 4 ROACH ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Nov 2012. Using an estimated price of £541,260 means this house is valued at £7,314 per sq meter (£679 per sq foot).
The average size of a house on ROACH ROAD is 91 sq meters (980 sq feet).