£590,378
This estimated value is based upon the latest sale price for the house of £340,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Bank Buildings, The Avenue, London, E4 9LE
Phone: 02036410906
Price Paid | Date |
---|---|
£340,000 | 16 Dec 2011 |
£271,000 | 9 Sep 2005 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,119 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 December 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £340,000 results in an estimated price of approximately £590,378.
16 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £340,000 | £250,378 | £590,378 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | 60.380 % | £205,290 | £545,290 |
3 Month Average | 75.970 % | £258,298 | £598,298 |
6 Month Average | 69.494 % | £236,279 | £576,279 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £934,218 | £913,000 | 49 BEECH HALL ROAD |
6 Oct 2023 | £874,870 | £855,000 | 15 PRESTON AVENUE |
26 Sep 2022 | £584,609 | £585,000 | 499 HALE END ROAD |
29 Jul 2022 | £385,866 | £382,000 | 14A BEECH HALL ROAD |
20 Jun 2022 | £910,462 | £891,000 | 55 BEECH HALL ROAD |
This house has a floor area of 103 sq meters or 1,119 sq feet when measured on 26 Sep 2011. Using an estimated price of £590,379 means this house is valued at £5,677 per sq meter (£527 per sq foot).
The average size of a house on BEECH HALL ROAD is 98 sq meters (1,060 sq feet).