£1,333,365
This estimated value is based upon the latest sale price for the house of £850,000 on 25 Apr 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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257 Bethnal Green Road, Bethnal Green, London, E2 6AH
Phone: 02034639983
Price Paid | Date |
---|---|
£850,000 | 25 Apr 2014 |
£211,000 | 29 Mar 2004 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 April 2014 the House Price Index for GREATER LONDON was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £850,000 results in an estimated price of approximately £1,333,365.
25 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £850,000 | £483,365 | £1,333,365 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 78.880 % | £670,477 | £1,520,477 |
3 Month Average | 43.902 % | £373,170 | £1,223,170 |
6 Month Average | 34.304 % | £291,582 | £1,141,582 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2023 | £1,207,423 | £1,180,000 | 41 DURANT STREET |
8 Sep 2023 | £1,278,176 | £1,250,000 | 39 DURANT STREET |
1 Sep 2023 | £1,227,049 | £1,200,000 | 11 DURANT STREET |
24 Aug 2023 | £402,255 | £395,000 | FLAT 1 2A WARNER PLACE |
3 Feb 2023 | £1,001,691 | £995,000 | 103 WELLINGTON ROW |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 29 Jan 2014. Using an estimated price of £1,333,366 means this house is valued at £14,337 per sq meter (£1,331 per sq foot).
The average size of a house on DURANT STREET is 80 sq meters (861 sq feet).