£240,095
This estimated value is based upon the latest sale price for the house of £52,500 on 29 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
Price Paid | Date |
---|---|
£52,500 | 29 Jan 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 January 1999 the House Price Index for GREATER LONDON was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £52,500 results in an estimated price of approximately £240,095.
29 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.7 | 149.7 | 357.324 % | £52,500 | £187,595 | £240,095 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 479.091 % | £251,522 | £304,022 |
3 Month Average | 555.792 % | £291,790 | £344,290 |
6 Month Average | 532.173 % | £279,390 | £331,890 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2024 | £474,500 | £474,500 | 9 EVELYN ROAD |
29 Apr 2024 | £504,380 | £500,000 | 13 EVELYN ROAD |
9 Oct 2023 | £299,809 | £293,000 | 43 GREENACRE GARDENS |
5 Sep 2023 | £981,639 | £960,000 | 35 BARRETT ROAD |
23 Jun 2023 | £881,669 | £864,000 | 53 BROOKFIELD AVENUE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 18 Aug 2014. Using an estimated price of £240,095 means this house is valued at £4,801 per sq meter (£446 per sq foot).
The average size of a house on BARRETT ROAD is 99 sq meters (1,067 sq feet).