£325,248
This estimated value is based upon the latest sale price for the house of £140,000 on 3 Jul 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
| Price Paid | Date |
|---|---|
| £140,000 | 3 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 July 2003 the House Price Index for GREATER LONDON was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £140,000 results in an estimated price of approximately £325,248.
| 3 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £140,000 | £185,248 | £325,248 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 113.534 % | £158,947 | £298,947 |
| 3 Month Average | 118.099 % | £165,339 | £305,339 |
| 6 Month Average | 145.006 % | £203,009 | £343,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £266,666 | £262,000 | FLAT 13 SUMNER HOUSE WATTS GROVE |
| 14 Mar 2023 | £222,092 | £220,000 | FLAT 53 SUMNER HOUSE WATTS GROVE |
| 17 Feb 2023 | £219,852 | £220,000 | FLAT 22 SUMNER HOUSE WATTS GROVE |
| 22 Nov 2022 | £398,177 | £403,000 | 6 BROCK PLACE |
| 16 Sep 2022 | £256,456 | £258,527 | FLAT 20 BILBERRY HOUSE WATTS GROVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 29 Aug 2013. Using an estimated price of £325,249 means this house is valued at £5,082 per sq meter (£472 per sq foot).
The average size of a house on MADDAMS STREET is 90 sq meters (972 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).