£579,887
This estimated value is based upon the latest sale price for the house of £425,000 on 14 Apr 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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103 Burdett Road, Bow, E3 4JN
Phone: 02034783597
Price Paid | Date |
---|---|
£425,000 | 14 Apr 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 695 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 April 2016 the House Price Index for GREATER LONDON was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £425,000 results in an estimated price of approximately £579,887.
14 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £425,000 | £154,887 | £579,887 |
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 | -6.317 % | £-26,845 | £398,154 |
3 Month Average | 10.216 % | £43,418 | £468,418 |
6 Month Average | 5.051 % | £21,468 | £446,468 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £188,386 | £186,750 | FLAT 16 TRAMWAY COURT, 3 CANDLE STREET |
13 Mar 2024 | £411,320 | £405,000 | FLAT 93 MERCER COURT, 6 CANDLE STREET |
8 Dec 2023 | £443,632 | £430,000 | FLAT 50 GRAY COURT, 7 CANDLE STREET |
29 Nov 2023 | £318,074 | £310,000 | FLAT 20 MERCER COURT, 6 CANDLE STREET |
10 Oct 2023 | £434,877 | £425,000 | FLAT 50 MERCER COURT, 6 CANDLE STREET |
This house has a floor area of 64 sq meters or 695 sq feet when measured on 27 Oct 2008. Using an estimated price of £579,888 means this house is valued at £8,979 per sq meter (£834 per sq foot).
The average size of a house on CANDLE STREET is 63 sq meters (681 sq feet).