£427,282
This estimated value is based upon the latest sale price for the house of £249,995 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1, 234 Whitechapel Road, London, E1 1BJ
Phone: 02081157847
| Price Paid | Date |
|---|---|
| £249,995 | 23 Mar 2012 |
| £124,950 | 21 Jun 1999 |
| £79,995 | 30 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 378 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £249,995 results in an estimated price of approximately £427,282.
| 23 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £249,995 | £177,287 | £427,282 |
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 | 30.033 % | £75,079 | £325,074 |
| 3 Month Average | 28.352 % | £70,878 | £320,873 |
| 6 Month Average | 50.234 % | £125,582 | £375,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £686,001 | £680,000 | FLAT 1 269A WHITECHAPEL ROAD |
| 16 Aug 2021 | £423,934 | £380,000 | FLAT 15-22 KEMPTON COURT, 2 DURWARD STREET |
| 30 Jun 2021 | £380,888 | £355,000 | FLAT 4-32 KEMPTON COURT, 2 DURWARD STREET |
| 17 Dec 2020 | £395,961 | £345,000 | FLAT 13-22 KEMPTON COURT, 2 DURWARD STREET |
| 15 Apr 2020 | £705,858 | £575,000 | FLAT 17 TRINITY HALL, 6 DURWARD STREET |
This house has a floor area of 35 sq meters or 378 sq feet when measured on 21 Mar 2012. Using an estimated price of £427,282 means this house is valued at £12,155 per sq meter (£1,129 per sq foot).
The average size of a house on DURWARD STREET is 64 sq meters (690 sq feet).