£430,912
This estimated value is based upon the latest sale price for the house of £250,000 on 9 Dec 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 1, 5th Floor, City Reach, 5 Greenwich View Place, London, E14 9NN
Phone: 02036415873
Price Paid | Date |
---|---|
£250,000 | 9 Dec 2011 |
£245,000 | 31 Jul 2009 |
£233,000 | 11 Aug 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £250,000 results in an estimated price of approximately £430,912.
9 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.365 % | £250,000 | £180,912 | £430,912 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | 51.167 % | £127,916 | £377,916 |
3 Month Average | 33.066 % | £82,664 | £332,664 |
6 Month Average | 37.924 % | £94,810 | £344,810 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £288,495 | £285,000 | 7 RINGWOOD GARDENS |
13 May 2022 | £285,377 | £280,000 | 80 RINGWOOD GARDENS |
21 Jan 2022 | £384,129 | £365,000 | 58 RINGWOOD GARDENS |
10 Jan 2022 | £431,487 | £410,000 | 57 RINGWOOD GARDENS |
13 Dec 2021 | £428,551 | £400,000 | 18 RINGWOOD GARDENS |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 14 Mar 2019. Using an estimated price of £430,912 means this house is valued at £8,618 per sq meter (£800 per sq foot).
The average size of a house on RINGWOOD GARDENS is 41 sq meters (448 sq feet).