£489,778
This estimated value is based upon the latest sale price for the house of £113,000 on 20 Jul 1999. 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 |
|---|---|
| £113,000 | 20 Jul 1999 |
| £79,995 | 22 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 July 1999 the House Price Index for GREATER LONDON was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £113,000 results in an estimated price of approximately £489,778.
| 20 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 148.6 | 333.432 % | £113,000 | £376,778 | £489,778 |
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 | 189.819 % | £214,494 | £327,494 |
| 3 Month Average | 196.141 % | £221,638 | £334,638 |
| 6 Month Average | 275.076 % | £310,836 | £423,836 |
| 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 46 sq meters or 495 sq feet when measured on 8 Aug 2019. Using an estimated price of £489,778 means this house is valued at £10,647 per sq meter (£989 per sq foot).
The average size of a house on DURWARD STREET is 64 sq meters (690 sq feet).