£420,020
This estimated value is based upon the latest sale price for the house of £340,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
Price Paid | Date |
---|---|
£340,000 | 18 Jan 2019 |
£215,000 | 28 Sep 2009 |
£66,395 | 29 Mar 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 588 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £340,000 results in an estimated price of approximately £420,020.
18 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £340,000 | £80,020 | £420,020 |
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 | 11.793 % | £40,097 | £380,097 |
3 Month Average | -4.777 % | £-16,240 | £323,759 |
6 Month Average | 9.524 % | £32,382 | £372,382 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £222,849 | £220,000 | FLAT 3 BENTLEY HOUSE, 21 WELLINGTON WAY |
9 Aug 2023 | £378,310 | £375,000 | FLAT 7 BENTLEY HOUSE, 21 WELLINGTON WAY |
2 Jun 2023 | £389,721 | £385,000 | FLAT 8 HEALEY HOUSE, 70 WELLINGTON WAY |
4 Jul 2022 | £386,039 | £385,000 | FLAT 5 FAIRMONT HOUSE, 60 WELLINGTON WAY |
29 Jun 2022 | £322,051 | £317,500 | FLAT 12 CRESTA HOUSE, 12 IRETON STREET |
This house has a floor area of 54 sq meters or 588 sq feet when measured on 8 Nov 2008. Using an estimated price of £420,021 means this house is valued at £7,678 per sq meter (£713 per sq foot).
The average size of a house on WELLINGTON WAY is 55 sq meters (597 sq feet).