£520,420
This estimated value is based upon the latest sale price for the house of £390,000 on 27 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1-3 Station Parade, High Street, Wanstead, E11 1QF
Phone: 02080335915
Price Paid | Date |
---|---|
£390,000 | 27 Oct 2016 |
£190,000 | 12 Aug 2009 |
£40,000 | 27 Aug 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 792 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 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £390,000 results in an estimated price of approximately £520,420.
27 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £390,000 | £130,420 | £520,420 |
The Postcode Pricing Model uses changes in average sales price within the E18 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 | 51.395 % | £200,442 | £590,442 |
3 Month Average | 25.737 % | £100,372 | £490,372 |
6 Month Average | 11.407 % | £44,488 | £434,488 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £383,793 | £372,000 | 51 RIVENHALL GARDENS |
9 Nov 2023 | £389,897 | £380,000 | 10 ALTHORNE GARDENS |
6 Oct 2023 | £381,668 | £373,000 | 10 RIVENHALL GARDENS |
25 Aug 2023 | £412,439 | £405,000 | 24 ALTHORNE GARDENS |
21 Aug 2023 | £824,878 | £810,000 | 36 HERMITAGE WALK |
This house has a floor area of 73 sq meters or 792 sq feet when measured on 26 Jun 2009. Using an estimated price of £520,420 means this house is valued at £7,065 per sq meter (£656 per sq foot).
The average size of a house on BRADWELL CLOSE is 72 sq meters (779 sq feet).