£517,198
This estimated value is based upon the latest sale price for the house of £142,500 on 21 Dec 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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115 Mare Street, London, E8 4RU
Phone: 02036415304
Price Paid | Date |
---|---|
£142,500 | 21 Dec 2000 |
£115,000 | 15 Oct 1999 |
£59,000 | 18 Apr 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 639 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 2000 the House Price Index for GREATER LONDON was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £142,500 results in an estimated price of approximately £517,198.
21 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.2 | 149.7 | 262.947 % | £142,500 | £374,698 | £517,198 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | 167.600 % | £238,830 | £381,330 |
3 Month Average | 360.322 % | £513,458 | £655,958 |
6 Month Average | 342.634 % | £488,253 | £630,753 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Aug 2022 | £673,148 | £670,000 | 7 VICTORIA PARK ROAD |
6 May 2022 | £462,037 | £450,000 | 14 VICTORIA PARK ROAD |
14 Apr 2022 | £580,956 | £560,000 | 29 EARLSTON GROVE |
3 Feb 2022 | £563,092 | £533,000 | 46 VICTORIA PARK ROAD |
30 Jun 2021 | £405,325 | £375,000 | 48 VICTORIA PARK ROAD |
This house has a floor area of 59 sq meters or 639 sq feet when measured on 13 Jan 2011. Using an estimated price of £517,199 means this house is valued at £8,702 per sq meter (£808 per sq foot).
The average size of a house on EARLSTON GROVE is 64 sq meters (693 sq feet).