£636,224
This estimated value is based upon the latest sale price for the house of £425,000 on 21 Jan 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
Price Paid | Date |
---|---|
£425,000 | 21 Jan 2015 |
£277,000 | 17 Dec 2012 |
£249,000 | 25 May 2007 |
£46,500 | 6 Dec 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,016 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 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £425,000 results in an estimated price of approximately £636,224.
21 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £425,000 | £211,224 | £636,224 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | -9.873 % | £-41,958 | £383,041 |
3 Month Average | 12.587 % | £53,495 | £478,495 |
6 Month Average | 29.138 % | £123,838 | £548,838 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £319,828 | £310,000 | 43 LOCKSONS CLOSE |
31 Oct 2023 | £271,159 | £265,000 | 26 GALE STREET |
30 Jun 2023 | £353,076 | £346,000 | 70 GALE STREET |
2 Mar 2023 | £278,654 | £274,000 | 52 GALE STREET |
12 Aug 2022 | £376,762 | £375,000 | 28 LOCKSONS CLOSE |
This house has a floor area of 94 sq meters or 1,016 sq feet when measured on 12 Oct 2009. Using an estimated price of £636,225 means this house is valued at £6,736 per sq meter (£625 per sq foot).
The average size of a house on ALPHABET SQUARE is 111 sq meters (1,201 sq feet).