£371,514
This estimated value is based upon the latest sale price for the house of £323,700 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
Price Paid | Date |
---|---|
£323,700 | 18 Dec 2020 |
£199,995 | 28 Jun 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £323,700 results in an estimated price of approximately £371,514.
18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £323,700 | £47,814 | £371,514 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | -7.579 % | £-24,533 | £299,166 |
3 Month Average | -12.261 % | £-39,689 | £284,010 |
6 Month Average | -5.304 % | £-17,170 | £306,529 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £261,237 | £256,666 | FLAT 19 CANTERBURY HOUSE BOW ROAD |
7 Jun 2023 | £212,575 | £210,000 | FLAT 38 BALLINGER POINT BROMLEY HIGH STREET |
23 Sep 2022 | £342,236 | £345,000 | FLAT 20 RUDSTONE HOUSE BROMLEY HIGH STREET |
16 Sep 2022 | £257,468 | £259,547 | FLAT 12 BAXTER HOUSE BROMLEY HIGH STREET |
18 Jul 2022 | £229,618 | £229,000 | FLAT 35 BALLINGER POINT BROMLEY HIGH STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 10 Feb 2013. Using an estimated price of £371,515 means this house is valued at £7,430 per sq meter (£690 per sq foot).
The average size of a house on BROMLEY HIGH STREET is 58 sq meters (624 sq feet).