£275,324
This estimated value is based upon the latest sale price for the house of £159,000 on 13 Jan 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Bank Buildings, The Avenue, London, E4 9LE
Phone: 02036410906
Price Paid | Date |
---|---|
£159,000 | 13 Jan 2012 |
£62,000 | 2 Oct 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 546 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 January 2012 the House Price Index for GREATER LONDON was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £159,000 results in an estimated price of approximately £275,324.
13 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 73.160 % | £159,000 | £116,324 | £275,324 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | 71.023 % | £112,926 | £271,926 |
3 Month Average | 80.537 % | £128,053 | £287,053 |
6 Month Average | 68.919 % | £109,581 | £268,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £934,218 | £913,000 | 49 BEECH HALL ROAD |
6 Oct 2023 | £874,870 | £855,000 | 15 PRESTON AVENUE |
26 Sep 2022 | £584,609 | £585,000 | 499 HALE END ROAD |
29 Jul 2022 | £385,866 | £382,000 | 14A BEECH HALL ROAD |
20 Jun 2022 | £910,462 | £891,000 | 55 BEECH HALL ROAD |
This house has a floor area of 50 sq meters or 546 sq feet when measured on 9 Jul 2009. Using an estimated price of £275,325 means this house is valued at £5,427 per sq meter (£504 per sq foot).
The average size of a house on BEECH HALL ROAD is 98 sq meters (1,060 sq feet).