£926,218
This estimated value is based upon the latest sale price for the house of £800,000 on 16 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
| Price Paid | Date |
|---|---|
| £800,000 | 16 Jul 2021 |
| £323,000 | 21 May 2004 |
| Terraced |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 2021 the House Price Index for GREATER LONDON was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £800,000 results in an estimated price of approximately £926,218.
| 16 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £800,000 | £126,218 | £926,218 |
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 | -13.407 % | £-107,258 | £692,741 |
| 3 Month Average | -21.093 % | £-168,745 | £631,254 |
| 6 Month Average | -9.862 % | £-78,896 | £721,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £526,168 | £510,000 | FLAT 5 1 MENAI PLACE |
| 30 Nov 2023 | £384,767 | £375,000 | FLAT 2 1 MENAI PLACE |
| 31 Oct 2023 | £312,088 | £305,000 | FLAT 204 STATEN BUILDING BOW QUARTER, 60 FAIRFIELD ROAD |
| 19 Oct 2023 | £690,687 | £675,000 | 46 BLONDIN STREET |
| 24 Mar 2023 | £355,944 | £350,000 | FLAT 6 OLYMPIAN COURT, 720 WICK LANE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 27 Aug 2020. Using an estimated price of £926,218 means this house is valued at £7,591 per sq meter (£705 per sq foot).
The average size of a house on BLONDIN STREET is 97 sq meters (1,050 sq feet).