£507,287
This estimated value is based upon the latest sale price for the house of £235,000 on 15 Jan 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Indescon Square, Lighterman's Road, London, E14 9DQ
Phone: 02077686121
| Price Paid | Date |
|---|---|
| £235,000 | 15 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 January 2004 the House Price Index for GREATER LONDON was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £235,000 results in an estimated price of approximately £507,287.
| 15 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £235,000 | £272,287 | £507,287 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | 84.315 % | £198,140 | £433,140 |
| 3 Month Average | 108.814 % | £255,712 | £490,712 |
| 6 Month Average | 96.519 % | £226,820 | £461,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £391,539 | £385,000 | FLAT 14 MOORE HOUSE CASSILIS ROAD |
| 3 Feb 2023 | £545,645 | £542,000 | FLAT 44 TURNER HOUSE CASSILIS ROAD |
| 28 Jul 2022 | £524,253 | £519,000 | FLAT 76 CONSTABLE HOUSE CASSILIS ROAD |
| 7 Jun 2022 | £398,519 | £390,000 | FLAT 20 FAIRLEAD HOUSE CASSILIS ROAD |
| 16 May 2022 | £410,700 | £400,000 | FLAT 53 MOORE HOUSE CASSILIS ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 8 Dec 2021. Using an estimated price of £507,288 means this house is valued at £4,877 per sq meter (£453 per sq foot).
The average size of a house on ALPHA GROVE is 97 sq meters (1,052 sq feet).