£468,807
This estimated value is based upon the latest sale price for the house of £305,000 on 3 Jun 2014. 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 |
---|---|
£305,000 | 3 Jun 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £305,000 results in an estimated price of approximately £468,807.
3 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £305,000 | £163,807 | £468,807 |
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 | -4.091 % | £-12,478 | £292,521 |
3 Month Average | -10.688 % | £-32,597 | £272,402 |
6 Month Average | 4.692 % | £14,311 | £319,311 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £597,641 | £590,000 | FLAT 604 HARRISON HOUSE, 1 MARTINEAU SQUARE |
20 Feb 2023 | £292,803 | £293,000 | FLAT 502 HODGESON HOUSE, 26 CHRISTIAN STREET |
14 Aug 2020 | £455,645 | £380,000 | FLAT 29 WELSTEAD HOUSE CANNON STREET ROAD |
31 Jul 2020 | £707,384 | £585,000 | FLAT 204 HARRISON HOUSE, 1 MARTINEAU SQUARE |
29 Oct 2019 | £255,172 | £208,079 | FLAT 39 WALFORD HOUSE CANNON STREET ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 4 Feb 2016. Using an estimated price of £468,808 means this house is valued at £7,441 per sq meter (£691 per sq foot).
The average size of a house on CANNON STREET ROAD is 69 sq meters (743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Possession of weapons | Under investigation | On or near Ponler Street |