£942,403
This estimated value is based upon the latest sale price for the house of £710,000 on 15 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Sterling House, Fulbourne Road, London, E17 4EE
Phone: 02081154908
Price Paid | Date |
---|---|
£710,000 | 15 Nov 2016 |
Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £710,000 results in an estimated price of approximately £942,403.
15 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £710,000 | £232,403 | £942,403 |
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 | -5.792 % | £-41,119 | £668,880 |
3 Month Average | -24.529 % | £-174,158 | £535,841 |
6 Month Average | -6.352 % | £-45,100 | £664,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jan 2023 | £596,594 | £595,000 | 31 GRANTOCK ROAD |
18 Oct 2022 | £348,835 | £350,000 | 36 HILLCREST ROAD |
5 Aug 2022 | £452,114 | £450,000 | 48 HILLCREST ROAD |
18 Jul 2022 | £757,591 | £750,000 | 30 BEACONTREE AVENUE |
27 May 2022 | £667,387 | £650,000 | 2 HILLCREST ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 15 Jul 2016. Using an estimated price of £942,404 means this house is valued at £6,454 per sq meter (£599 per sq foot).
The average size of a house on BEACONTREE AVENUE is 124 sq meters (1,336 sq feet).