£551,180
This estimated value is based upon the latest sale price for the house of £165,000 on 16 Aug 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Street, London, E7 9HZ
Phone: 02077683184
Price Paid | Date |
---|---|
£165,000 | 16 Aug 2001 |
Detached |
Freehold |
Floor Area: 180 sq meters or 1,937 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 August 2001 the House Price Index for GREATER LONDON was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £165,000 results in an estimated price of approximately £551,180.
16 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.8 | 149.7 | 234.049 % | £165,000 | £386,180 | £551,180 |
The Postcode Pricing Model uses changes in average sales price within the E7 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 | 673.268 % | £1,110,892 | £1,275,892 |
3 Month Average | 333.659 % | £550,537 | £715,537 |
6 Month Average | 341.298 % | £563,142 | £728,142 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £248,303 | £242,000 | 9 CLOVA ROAD |
3 Nov 2023 | £636,148 | £620,000 | 43 CLOVA ROAD |
25 Sep 2023 | £219,846 | £215,000 | 9 RADLETT CLOSE |
25 Apr 2023 | £260,880 | £256,000 | 3 RADLETT CLOSE |
20 Mar 2023 | £274,586 | £270,000 | FLAT 4 46 EARLHAM GROVE |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 18 Oct 2018. Using an estimated price of £551,180 means this house is valued at £3,062 per sq meter (£284 per sq foot).
The average size of a house on CLOVA ROAD is 128 sq meters (1,379 sq feet).