£476,257
This estimated value is based upon the latest sale price for the house of £350,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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71-73 West Ham Lane, London, E15 4PH
Phone: 02080226331
Price Paid | Date |
---|---|
£350,000 | 30 Mar 2016 |
£174,000 | 14 Sep 2005 |
Terraced |
Freehold |
Floor Area: 49 sq meters or 527 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 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £350,000 results in an estimated price of approximately £476,257.
30 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £350,000 | £126,257 | £476,257 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 9.405 % | £32,917 | £382,917 |
3 Month Average | 17.900 % | £62,650 | £412,650 |
6 Month Average | 20.898 % | £73,142 | £423,142 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £324,986 | £315,000 | 23 ELMGREEN CLOSE |
1 Nov 2023 | £410,418 | £400,000 | 8 ELMGREEN CLOSE |
16 Jun 2023 | £505,123 | £495,000 | 106 TENNYSON ROAD |
31 Mar 2023 | £467,813 | £460,000 | 4 ELMGREEN CLOSE |
17 Feb 2023 | £302,017 | £300,000 | 7 BARNBY STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 14 Mar 2012. Using an estimated price of £476,258 means this house is valued at £9,719 per sq meter (£902 per sq foot).
The average size of a house on ELMGREEN CLOSE is 48 sq meters (522 sq feet).