£495,935
This estimated value is based upon the latest sale price for the house of £390,500 on 22 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
121 Richmond Road, Hackney, E8 3NJ
Phone: 02045163511
Price Paid | Date |
---|---|
£390,500 | 22 Nov 2017 |
£215,000 | 27 Jul 2012 |
£89,000 | 14 Apr 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 464 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £390,500 results in an estimated price of approximately £495,935.
22 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £390,500 | £105,435 | £495,935 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | -8.542 % | £-33,357 | £357,142 |
3 Month Average | 24.961 % | £97,471 | £487,971 |
6 Month Average | 22.877 % | £89,336 | £479,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £397,079 | £387,000 | FLAT 3 29 HORTON ROAD |
25 Aug 2023 | £1,502,092 | £1,475,000 | 18 HORTON ROAD |
13 Mar 2023 | £1,576,325 | £1,550,000 | 82 ELEANOR ROAD |
11 Jan 2023 | £1,002,680 | £1,000,001 | 85 ELEANOR ROAD |
31 Aug 2022 | £502,349 | £500,000 | FLAT 18 31 HORTON ROAD |
This house has a floor area of 43 sq meters or 464 sq feet when measured on 7 Apr 2010. Using an estimated price of £495,935 means this house is valued at £11,490 per sq meter (£1,067 per sq foot).
The average size of a house on HORTON ROAD is 78 sq meters (847 sq feet).