£302,450
This estimated value is based upon the latest sale price for the house of £174,999 on 9 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 3, 19 Western Gateway, Excel Marina, Docklands, E16 1AR
Phone: 02081153864
| Price Paid | Date |
|---|---|
| £174,999 | 9 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £174,999 results in an estimated price of approximately £302,450.
| 9 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £174,999 | £127,451 | £302,450 |
The Postcode Pricing Model uses changes in average sales price within the E16 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 | 116.129 % | £203,223 | £378,222 |
| 3 Month Average | 97.837 % | £171,213 | £346,212 |
| 6 Month Average | 76.860 % | £134,504 | £309,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £254,452 | £250,000 | 11 PHEASANT CLOSE |
| 17 Jan 2023 | £352,340 | £354,000 | 19 HARTINGTON ROAD |
| 31 Mar 2022 | £440,411 | £425,000 | 17 WIDGEON CLOSE |
| 14 Mar 2022 | £466,318 | £450,000 | 77 COOLFIN ROAD |
| 6 Jan 2022 | £457,797 | £435,000 | 14 KERRY CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 Sep 2017. Using an estimated price of £302,450 means this house is valued at £3,516 per sq meter (£326 per sq foot).
The average size of a house on FREEMASONS ROAD is 67 sq meters (722 sq feet).