£452,456
This estimated value is based upon the latest sale price for the house of £300,000 on 23 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 The Green, London, E4 7ES
Phone: 02081152074
| Price Paid | Date |
|---|---|
| £300,000 | 23 Oct 2014 |
| £160,000 | 9 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £300,000 results in an estimated price of approximately £452,456.
| 23 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £300,000 | £152,456 | £452,456 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | 41.107 % | £123,320 | £423,320 |
| 3 Month Average | 48.077 % | £144,230 | £444,230 |
| 6 Month Average | 43.633 % | £130,899 | £430,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £289,858 | £282,500 | FLAT 5 LEA COURT, 79 THE RIDGEWAY |
| 28 Apr 2023 | £351,576 | £345,000 | FLAT 11 LEA COURT, 79 THE RIDGEWAY |
| 2 Sep 2022 | £349,766 | £350,000 | FLAT 9 LEA COURT, 79 THE RIDGEWAY |
| 1 Aug 2022 | £277,799 | £276,500 | FLAT 33 LEA COURT, 79 THE RIDGEWAY |
| 12 Jul 2022 | £966,686 | £957,000 | 96 ENDLEBURY ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 4 Dec 2014. Using an estimated price of £452,457 means this house is valued at £8,378 per sq meter (£778 per sq foot).
The average size of a house on CONFERENCE CLOSE is 73 sq meters (794 sq feet).