£378,579
This estimated value is based upon the latest sale price for the house of £250,000 on 19 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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61 Wallis Road, Hackney Wick, E9 5LH
Phone: 02080223255
Price Paid | Date |
---|---|
£250,000 | 19 Aug 2014 |
£224,000 | 21 Feb 2008 |
£149,000 | 2 Oct 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £250,000 results in an estimated price of approximately £378,579.
19 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £250,000 | £128,579 | £378,579 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | 93.900 % | £234,750 | £484,750 |
3 Month Average | 18.522 % | £46,304 | £296,304 |
6 Month Average | 57.402 % | £143,503 | £393,503 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £698,937 | £690,000 | 6 SWINNERTON STREET |
7 Sep 2023 | £557,123 | £550,000 | 28 HUMBERTON CLOSE |
31 Jul 2023 | £413,161 | £407,600 | FLAT 8 BERESFORD COURT, 96 MABLEY STREET |
14 Jul 2023 | £385,184 | £380,000 | 1A MABLEY STREET |
12 Jul 2023 | £441,948 | £436,000 | FLAT 6 OLDBURY COURT, 90 MABLEY STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Nov 2013. Using an estimated price of £378,580 means this house is valued at £5,186 per sq meter (£481 per sq foot).
The average size of a house on MABLEY STREET is 63 sq meters (684 sq feet).