£448,253
This estimated value is based upon the latest sale price for the house of £84,995 on 10 Mar 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
218a Brick Lane, London, E1 6SA
Phone: 02034639605
Price Paid | Date |
---|---|
£84,995 | 10 Mar 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 84 sq meters or 908 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 March 1997 the House Price Index for GREATER LONDON was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 427.388%.Applying this 427.388% change to the original purchase price of £84,995 results in an estimated price of approximately £448,253.
10 Mar 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 427.388 % | £84,995 | £363,258 | £448,253 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 733.326 % | £623,290 | £708,285 |
3 Month Average | 539.965 % | £458,943 | £543,938 |
6 Month Average | 520.488 % | £442,388 | £527,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £691,240 | £670,000 | FLAT 13 64 BACON STREET |
18 Dec 2023 | £588,070 | £570,000 | FLAT 1 19 CHESHIRE STREET |
8 Sep 2023 | £971,414 | £950,000 | FLAT 5 CITY PAVILIONS, 59 CHILTON STREET |
21 Apr 2023 | £494,244 | £485,000 | FLAT G1 CITY PAVILIONS, 59 CHILTON STREET |
21 Mar 2023 | £1,220,380 | £1,200,000 | FLAT 20 CITY PAVILIONS, 59 CHILTON STREET |
This house has a floor area of 84 sq meters or 908 sq feet when measured on 2 Feb 2012. Using an estimated price of £448,253 means this house is valued at £5,311 per sq meter (£493 per sq foot).
The average size of a house on CHESHIRE STREET is 57 sq meters (619 sq feet).