£778,512
This estimated value is based upon the latest sale price for the house of £487,000 on 9 Apr 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Wellington Road, E11 2AS
Phone: 02081285537
Price Paid | Date |
---|---|
£487,000 | 9 Apr 2008 |
£280,000 | 27 Apr 2001 |
£205,000 | 17 Dec 1999 |
Semi-Detached |
Freehold |
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 April 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £487,000 results in an estimated price of approximately £778,512.
9 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 149.7 | 59.859 % | £487,000 | £291,512 | £778,512 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | 70.755 % | £344,578 | £831,578 |
3 Month Average | 96.251 % | £468,744 | £955,744 |
6 Month Average | 95.353 % | £464,367 | £951,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £440,537 | £427,000 | FLAT 9 NEWBURY COURT HERMON HILL |
10 Aug 2023 | £276,996 | £272,000 | 9 OSPREY CLOSE |
15 Jun 2023 | £1,377,607 | £1,350,000 | 7 CRANBOURNE AVENUE |
24 Mar 2023 | £376,284 | £370,000 | FLAT 11 CLOCK COURT VICTORY ROAD |
8 Feb 2022 | £297,393 | £281,500 | FLAT 41 CLOCK COURT VICTORY ROAD |