£668,517
This estimated value is based upon the latest sale price for the house of £385,000 on 2 Dec 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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665 Commercial Road, London, E14 7LW
Phone: 02080225580
| Price Paid | Date |
|---|---|
| £385,000 | 2 Dec 2011 |
| £385,000 | 21 Mar 2007 |
| £230,000 | 30 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £385,000 results in an estimated price of approximately £668,517.
| 2 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £385,000 | £283,517 | £668,517 |
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 | 30.871 % | £118,854 | £503,854 |
| 3 Month Average | 57.316 % | £220,667 | £605,667 |
| 6 Month Average | 42.301 % | £162,857 | £547,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £588,363 | £575,000 | FLAT 27 VITRUVIAN COURT, 7 ROLLING MILLS MEWS |
| 10 Nov 2021 | £544,760 | £500,000 | FLAT 3 VITRUVIAN COURT, 7 ROLLING MILLS MEWS |
| 29 Jun 2021 | £486,390 | £450,000 | 2 BASIN APPROACH |
| 18 Jun 2021 | £670,137 | £620,000 | FLAT 22 VITRUVIAN COURT, 7 ROLLING MILLS MEWS |
| 16 Apr 2021 | £506,204 | £445,000 | 73 BASIN APPROACH |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 1 Jul 2021. Using an estimated price of £668,517 means this house is valued at £8,253 per sq meter (£766 per sq foot).
The average size of a house on BASIN APPROACH is 86 sq meters (928 sq feet).