£820,972
This estimated value is based upon the latest sale price for the house of £531,000 on 20 May 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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115 Mare Street, London, E8 4RU
Phone: 02036415304
| Price Paid | Date |
|---|---|
| £531,000 | 20 May 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £531,000 results in an estimated price of approximately £820,972.
| 20 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £531,000 | £289,972 | £820,972 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | 31.487 % | £167,196 | £698,196 |
| 3 Month Average | -1.517 % | £-8,055 | £522,944 |
| 6 Month Average | 7.135 % | £37,886 | £568,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £406,011 | £400,000 | UNIT B 3 MENTMORE TERRACE |
| 17 Aug 2023 | £554,854 | £550,000 | FLAT 2 39 GRANSDEN AVENUE |
| 4 Jul 2023 | £81,091 | £80,000 | UNIT 17 39 GRANSDEN AVENUE |
| 14 Feb 2023 | £349,765 | £350,000 | UNIT 3 5 MENTMORE TERRACE |
| 25 May 2022 | £764,403 | £750,000 | FLAT 5 31 - 33 FORTESCUE AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 29 Jan 2021. Using an estimated price of £820,973 means this house is valued at £12,438 per sq meter (£1,155 per sq foot).
The average size of a house on FORTESCUE AVENUE is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Mentmore Terrace |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mentmore Terrace |
| Feb 2024 | Public order | On or near London Fields (Station) | |
| Feb 2024 | Other theft | On or near London Fields (Station) | |
| Jan 2024 | Burglary | Under investigation | On or near Gransden Avenue |