£234,196
This estimated value is based upon the latest sale price for the house of £123,500 on 3 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Ebb Court, Albert Basin Way, E16 2QN
Phone: 02035447217
Price Paid | Date |
---|---|
£123,500 | 3 Nov 2004 |
£44,995 | 25 Apr 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 November 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £123,500 results in an estimated price of approximately £234,196.
3 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £123,500 | £110,696 | £234,196 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 129.099 % | £159,437 | £282,937 |
3 Month Average | 111.789 % | £138,059 | £261,559 |
6 Month Average | 96.388 % | £119,038 | £242,538 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £624,176 | £610,000 | 20 TRADER ROAD |
19 Nov 2021 | £452,151 | £415,000 | 8 WEAVER CLOSE |
18 Jun 2021 | £475,581 | £440,000 | 13 WEAVER CLOSE |
25 Sep 2020 | £617,224 | £516,000 | 2 FLETCHER CLOSE |
19 Dec 2019 | £428,838 | £347,000 | 2 YEOMAN CLOSE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 27 Oct 2021. Using an estimated price of £234,197 means this house is valued at £5,712 per sq meter (£530 per sq foot).
The average size of a house on COLLIER CLOSE is 55 sq meters (601 sq feet).