£253,471
This estimated value is based upon the latest sale price for the house of £124,000 on 5 Apr 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
| Price Paid | Date |
|---|---|
| £124,000 | 5 Apr 2004 |
| £124,000 | 5 Apr 2004 |
| 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 April 2004 the House Price Index for GREATER LONDON was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £124,000 results in an estimated price of approximately £253,471.
| 5 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £124,000 | £129,471 | £253,471 |
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 | 127.428 % | £158,010 | £282,010 |
| 3 Month Average | 129.646 % | £160,761 | £284,761 |
| 6 Month Average | 139.464 % | £172,934 | £296,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2023 | £222,092 | £220,000 | FLAT 53 SUMNER HOUSE WATTS GROVE |
| 17 Feb 2023 | £219,852 | £220,000 | FLAT 22 SUMNER HOUSE WATTS GROVE |
| 23 Sep 2022 | £228,158 | £230,000 | FLAT 25 BRAMBLE HOUSE DEVONS ROAD |
| 16 Sep 2022 | £256,456 | £258,527 | FLAT 20 BILBERRY HOUSE WATTS GROVE |
| 10 Aug 2022 | £281,742 | £282,500 | FLAT 21 BRACKEN HOUSE DEVONS ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 15 Jul 2021. Using an estimated price of £253,471 means this house is valued at £5,069 per sq meter (£470 per sq foot).
The average size of a house on WATTS GROVE is 55 sq meters (599 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Maddams Street | |
| Dec 2023 | Anti-social behaviour | On or near Maddams Street | |
| Dec 2023 | Anti-social behaviour | On or near Maddams Street | |
| Dec 2023 | Anti-social behaviour | On or near Maddams Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Watts Grove |