£518,193
This estimated value is based upon the latest sale price for the house of £405,000 on 10 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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72b George Lane, E18 1JJ
Phone: 02081284280
| Price Paid | Date |
|---|---|
| £405,000 | 10 Aug 2017 |
| £325,000 | 12 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £405,000 results in an estimated price of approximately £518,193.
| 10 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £405,000 | £113,193 | £518,193 |
The Postcode Pricing Model uses changes in average sales price within the IG8 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 | -13.481 % | £-54,599 | £350,400 |
| 3 Month Average | 8.597 % | £34,818 | £439,818 |
| 6 Month Average | 8.512 % | £34,472 | £439,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £386,888 | £375,000 | 114 ST BARNABAS ROAD |
| 7 Sep 2023 | £815,476 | £797,500 | 76 ST BARNABAS ROAD |
| 11 Aug 2023 | £723,041 | £710,000 | 53 ST BARNABAS ROAD |
| 15 Feb 2023 | £617,307 | £613,183 | 68 ST BARNABAS ROAD |
| 25 Nov 2022 | £420,036 | £422,000 | 4 PINTAIL ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 6 Jan 2014. Using an estimated price of £518,194 means this house is valued at £7,620 per sq meter (£707 per sq foot).
The average size of a house on PINTAIL ROAD is 76 sq meters (823 sq feet).