£711,071
This estimated value is based upon the latest sale price for the house of £510,000 on 8 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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185 Francis Road, London, E10 6NQ
Phone: 02081280997
Price Paid | Date |
---|---|
£510,000 | 8 Dec 2015 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £510,000 results in an estimated price of approximately £711,071.
8 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £510,000 | £201,071 | £711,071 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | 14.891 % | £75,942 | £585,942 |
3 Month Average | 27.716 % | £141,353 | £651,353 |
6 Month Average | 32.242 % | £164,436 | £674,436 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £644,814 | £625,000 | 49 SCARBOROUGH ROAD |
16 Oct 2023 | £762,314 | £745,000 | 33 SCARBOROUGH ROAD |
24 Aug 2023 | £824,878 | £810,000 | 19 CAVENDISH DRIVE |
27 Feb 2023 | £666,452 | £662,000 | 26 PRETORIA ROAD |
24 Feb 2023 | £340,273 | £338,000 | 64 PRETORIA ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 9 Oct 2015. Using an estimated price of £711,072 means this house is valued at £7,729 per sq meter (£718 per sq foot).
The average size of a house on CAVENDISH DRIVE is 93 sq meters (1,006 sq feet).