£277,365
This estimated value is based upon the latest sale price for the house of £163,000 on 2 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 4, The Chronos Building, 9-25 Mile End Road, London, E1 4TP
Phone: 02080337546
| Price Paid | Date |
|---|---|
| £163,000 | 2 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 October 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £163,000 results in an estimated price of approximately £277,365.
| 2 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.163 % | £163,000 | £114,365 | £277,365 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | 123.313 % | £201,000 | £364,000 |
| 3 Month Average | 139.033 % | £226,623 | £389,623 |
| 6 Month Average | 131.508 % | £214,358 | £377,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £388,566 | £380,000 | 124 CAMBRIDGE HEATH ROAD |
| 25 Aug 2023 | £481,179 | £472,500 | FLAT 607 FRIESIAN HOUSE, 160 BUCKHURST STREET |
| 19 Jun 2023 | £637,781 | £625,000 | FLAT 14 STEEPLE COURT COVENTRY ROAD |
| 12 Apr 2023 | £494,244 | £485,000 | FLAT 601 FRIESIAN HOUSE, 160 BUCKHURST STREET |
| 28 Oct 2022 | £423,585 | £425,000 | FLAT 94 DONEGAL HOUSE CAMBRIDGE HEATH ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 20 Nov 2020. Using an estimated price of £277,365 means this house is valued at £7,111 per sq meter (£660 per sq foot).
The average size of a house on CAMBRIDGE HEATH ROAD is 71 sq meters (771 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).