£520,196
This estimated value is based upon the latest sale price for the house of £145,000 on 15 Jan 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Royal Mint Street, London, E1 8LG
Phone: 02081154399
Price Paid | Date |
---|---|
£145,000 | 15 Jan 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 January 2001 the House Price Index for GREATER LONDON was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £145,000 results in an estimated price of approximately £520,196.
15 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.7 | 149.7 | 258.756 % | £145,000 | £375,196 | £520,196 |
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 | 276.423 % | £400,812 | £545,812 |
3 Month Average | 277.188 % | £401,922 | £546,922 |
6 Month Average | 244.957 % | £355,187 | £500,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £536,485 | £520,000 | FLAT 28 ROYAL TOWER LODGE, 40 CARTWRIGHT STREET |
6 Jun 2023 | £617,372 | £605,000 | FLAT 17 VICTORIA COURT CARTWRIGHT STREET |
24 Jun 2022 | £495,594 | £485,000 | FLAT 12 43 - 45 EAST SMITHFIELD |
31 Mar 2022 | £203,567 | £195,000 | 43 ST MARY GRACES COURT CARTWRIGHT STREET |
12 Mar 2021 | £616,742 | £550,000 | FLAT 4 43 - 45 EAST SMITHFIELD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 21 May 2021. Using an estimated price of £520,196 means this house is valued at £8,003 per sq meter (£743 per sq foot).
The average size of a house on CARTWRIGHT STREET is 60 sq meters (649 sq feet).