£869,909
This estimated value is based upon the latest sale price for the house of £499,999 on 11 May 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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113 East London Works, 65 Whitechapel Road, London, E1 1DU
Phone: 02080221189
Price Paid | Date |
---|---|
£499,999 | 11 May 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 May 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £499,999 results in an estimated price of approximately £869,909.
11 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £499,999 | £369,910 | £869,909 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | 57.019 % | £285,094 | £785,093 |
3 Month Average | 86.763 % | £433,816 | £933,815 |
6 Month Average | 83.042 % | £415,206 | £915,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2021 | £57,865,686 | £51,912,905 | 75 COMMERCIAL ROAD |
30 Jun 2020 | £208,653,118 | £171,030,000 | 60 COMMERCIAL ROAD |
3 Feb 2017 | £196,460 | £150,000 | AIRSPACE ABOVE EAST TOWER, 52 - 58 COMMERCIAL ROAD |
11 Sep 2015 | £497,053 | £347,782 | FLAT 41 58 COMMERCIAL ROAD |
17 Oct 2014 | £188,524 | £125,000 | FLAT 16 54 COMMERCIAL ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 May 2009. Using an estimated price of £869,909 means this house is valued at £12,427 per sq meter (£1,154 per sq foot).
The average size of a house on COMMERCIAL ROAD is 64 sq meters (693 sq feet).