£242,358
This estimated value is based upon the latest sale price for the house of £225,000 on 24 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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137 Cannon Street Road, Aldgate, E1 2LX
Phone: 02081285061
| Price Paid | Date |
|---|---|
| £225,000 | 24 Nov 2021 |
| £63,000 | 6 Jul 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £225,000 results in an estimated price of approximately £242,358.
| 24 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £225,000 | £17,358 | £242,358 |
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 | -41.199 % | £-92,696 | £132,303 |
| 3 Month Average | -18.111 % | £-40,749 | £184,250 |
| 6 Month Average | -9.154 % | £-20,596 | £204,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £278,700 | £278,700 | FLAT 72 SHEARSMITH HOUSE HINDMARSH CLOSE |
| 25 Aug 2023 | £342,080 | £340,000 | FLAT 5 STOCKHOLM HOUSE SWEDENBORG GARDENS |
| 22 Dec 2021 | £300,908 | £282,000 | FLAT 7 SHEARSMITH HOUSE HINDMARSH CLOSE |
| 24 Nov 2021 | £242,358 | £225,000 | FLAT 63 SHEARSMITH HOUSE HINDMARSH CLOSE |
| 28 May 2020 | £336,375 | £275,000 | FLAT 29 HATTON HOUSE HINDMARSH CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 3 Jul 2015. Using an estimated price of £242,358 means this house is valued at £4,327 per sq meter (£402 per sq foot).
The average size of a house on HINDMARSH CLOSE is 61 sq meters (661 sq feet).