£708,009
This estimated value is based upon the latest sale price for the house of £390,000 on 14 Dec 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Indescon Square, Lighterman's Road, London, E14 9DQ
Phone: 02077686121
Price Paid | Date |
---|---|
£390,000 | 14 Dec 2005 |
£300,000 | 21 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 December 2005 the House Price Index for GREATER LONDON was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £390,000 results in an estimated price of approximately £708,009.
14 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £390,000 | £318,009 | £708,009 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | 52.540 % | £204,904 | £594,904 |
3 Month Average | 102.327 % | £399,074 | £789,074 |
6 Month Average | 84.887 % | £331,059 | £721,059 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Oct 2023 | £685,967 | £670,387 | FLAT 30 TURNER HOUSE CASSILIS ROAD |
31 Aug 2023 | £384,434 | £377,500 | FLAT 30 CONSTABLE HOUSE CASSILIS ROAD |
7 Aug 2023 | £389,525 | £382,500 | FLAT 38 LOWRY HOUSE CASSILIS ROAD |
20 Mar 2023 | £391,539 | £385,000 | FLAT 14 MOORE HOUSE CASSILIS ROAD |
1 Feb 2023 | £503,362 | £500,000 | FLAT 34 TURNER HOUSE CASSILIS ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 15 Apr 2021. Using an estimated price of £708,009 means this house is valued at £15,064 per sq meter (£1,399 per sq foot).
The average size of a house on CASSILIS ROAD is 60 sq meters (646 sq feet).