£1,003,668
This estimated value is based upon the latest sale price for the house of £750,000 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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151 Manchester Road, London, E14 3DR
Phone: 02036415189
Price Paid | Date |
---|---|
£750,000 | 9 Sep 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 145 sq meters or 1,560 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 September 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £750,000 results in an estimated price of approximately £1,003,668.
9 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £750,000 | £253,668 | £1,003,668 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | -3.373 % | £-25,294 | £724,705 |
3 Month Average | 19.197 % | £143,976 | £893,976 |
6 Month Average | 8.355 % | £62,660 | £812,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £345,305 | £340,000 | 64 CUMBERLAND MILLS SQUARE |
22 Nov 2023 | £373,480 | £364,000 | 73 CUMBERLAND MILLS SQUARE |
21 Sep 2023 | £470,369 | £460,000 | FLAT 26 LURALDA WHARF, 40 SAUNDERS NESS ROAD |
3 Mar 2023 | £452,558 | £445,000 | 46 CUMBERLAND MILLS SQUARE |
31 Mar 2022 | £501,088 | £480,000 | FLAT 45 LURALDA WHARF, 40 SAUNDERS NESS ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 1 Jun 2015. Using an estimated price of £1,003,668 means this house is valued at £6,921 per sq meter (£643 per sq foot).
The average size of a house on CUMBERLAND MILLS SQUARE is 93 sq meters (1,009 sq feet).