£472,869
This estimated value is based upon the latest sale price for the house of £280,500 on 31 May 2013. 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 |
---|---|
£280,500 | 31 May 2013 |
Terraced |
Freehold |
Floor Area: 143 sq meters or 1,539 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 May 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £280,500 results in an estimated price of approximately £472,869.
31 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.581 % | £280,500 | £192,369 | £472,869 |
The Postcode Pricing Model uses changes in average sales price within the IG8 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 | 56.422 % | £158,264 | £438,764 |
3 Month Average | 54.071 % | £151,669 | £432,169 |
6 Month Average | 57.811 % | £162,159 | £442,659 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £180,833 | £180,833 | 262 HALE END ROAD |
22 May 2024 | £580,000 | £580,000 | 8 FORSTER CLOSE |
6 Dec 2023 | £555,056 | £538,000 | 383 HALE END ROAD |
18 Sep 2023 | £400,836 | £392,000 | 2A STUDLEY AVENUE |
4 Aug 2023 | £345,227 | £339,000 | 46A STUDLEY AVENUE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 5 Jun 2015. Using an estimated price of £472,870 means this house is valued at £3,306 per sq meter (£307 per sq foot).
The average size of a house on HALE END ROAD is 97 sq meters (1,045 sq feet).