£276,425
This estimated value is based upon the latest sale price for the house of £61,995 on 9 Apr 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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185 Francis Road, London, E10 6NQ
Phone: 02081280997
Price Paid | Date |
---|---|
£61,995 | 9 Apr 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 April 1999 the House Price Index for GREATER LONDON was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £61,995 results in an estimated price of approximately £276,425.
9 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 148.6 | 345.883 % | £61,995 | £214,430 | £276,425 |
The Postcode Pricing Model uses changes in average sales price within the E10 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 | 342.368 % | £212,251 | £274,246 |
3 Month Average | 430.976 % | £267,183 | £329,178 |
6 Month Average | 497.289 % | £308,294 | £370,289 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £497,900 | £497,900 | 56 MORLEY ROAD |
1 Mar 2024 | £184,600 | £184,600 | FLAT 1 47 CLAUDE ROAD |
27 Nov 2023 | £471,988 | £465,000 | GROUND FLOOR FLAT 12 MORLEY ROAD |
8 Aug 2023 | £569,986 | £565,000 | 25 MORLEY ROAD |
2 Aug 2023 | £807,060 | £800,000 | 78 MORLEY ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 15 Jan 2013. Using an estimated price of £276,425 means this house is valued at £6,910 per sq meter (£642 per sq foot).
The average size of a house on MORLEY ROAD is 77 sq meters (832 sq feet).