£226,429
This estimated value is based upon the latest sale price for the house of £130,000 on 6 Jul 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
Price Paid | Date |
---|---|
£130,000 | 6 Jul 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 492 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 July 2006 the House Price Index for GREATER LONDON was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £130,000 results in an estimated price of approximately £226,429.
6 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 149.7 | 74.177 % | £130,000 | £96,429 | £226,429 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 121.196 % | £157,554 | £287,554 |
3 Month Average | 148.409 % | £192,931 | £322,931 |
6 Month Average | 145.689 % | £189,395 | £319,395 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2024 | £474,500 | £474,500 | 9 EVELYN ROAD |
29 Apr 2024 | £504,380 | £500,000 | 13 EVELYN ROAD |
11 Oct 2023 | £680,455 | £665,000 | 15 ROSSLYN ROAD |
6 Oct 2023 | £639,525 | £625,000 | 27 ROSSLYN ROAD |
5 Sep 2023 | £981,639 | £960,000 | 35 BARRETT ROAD |
This house has a floor area of 45 sq meters or 492 sq feet when measured on 16 Dec 2010. Using an estimated price of £226,430 means this house is valued at £4,949 per sq meter (£459 per sq foot).
The average size of a house on BARRETT ROAD is 99 sq meters (1,067 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (492 sq feet).