£364,699
This estimated value is based upon the latest sale price for the house of £270,000 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Merchant Street
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57 Bow Road, London, E3 2AD
Phone: 02034783596
Price Paid | Date |
---|---|
£270,000 | 23 Mar 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £270,000 results in an estimated price of approximately £364,699.
23 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £270,000 | £94,699 | £364,699 |
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 | -6.894 % | £-18,613 | £251,386 |
3 Month Average | -4.693 % | £-12,670 | £257,329 |
6 Month Average | 13.516 % | £36,492 | £306,492 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jun 2022 | £400,662 | £395,000 | FLAT 23 VERITY HOUSE MERCHANT STREET |
16 May 2022 | £264,993 | £260,000 | FLAT 21 HAMILTON HOUSE BRITISH STREET |
11 Mar 2022 | £326,423 | £315,000 | 2 DUCAINE APARTMENTS MERCHANT STREET |
1 Nov 2021 | £513,719 | £475,000 | 21 DUCAINE APARTMENTS MERCHANT STREET |
28 Sep 2020 | £118,738 | £100,000 | FLAT 30 VERITY HOUSE MERCHANT STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Mar 2014. Using an estimated price of £364,699 means this house is valued at £5,065 per sq meter (£470 per sq foot).
The average size of a house on MERCHANT STREET is 61 sq meters (665 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merchant Street |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Merchant Street |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merchant Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Merchant Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Merchant Street |