£302,635
This estimated value is based upon the latest sale price for the house of £175,000 on 22 Aug 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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137 Cannon Street Road, Aldgate, E1 2LX
Phone: 02081285061
Price Paid | Date |
---|---|
£175,000 | 22 Aug 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 August 2006 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £175,000 results in an estimated price of approximately £302,635.
22 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.934 % | £175,000 | £127,635 | £302,635 |
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 | 122.881 % | £215,042 | £390,042 |
3 Month Average | 139.242 % | £243,674 | £418,674 |
6 Month Average | 133.938 % | £234,391 | £409,391 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £152,341 | £150,000 | FLAT 26 NORTON HOUSE BIGLAND STREET |
19 Oct 2023 | £450,226 | £440,000 | FLAT 27 WELSTEAD HOUSE CANNON STREET ROAD |
30 Jun 2023 | £790,849 | £775,000 | 126 CANNON STREET ROAD |
2 Nov 2022 | £287,157 | £288,500 | FLAT 31 NEWTON HOUSE CORNWALL STREET |
7 Jan 2022 | £773,945 | £730,000 | 11 RAMPART STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 May 2016. Using an estimated price of £302,635 means this house is valued at £4,450 per sq meter (£413 per sq foot).
The average size of a house on BIGLAND STREET is 77 sq meters (838 sq feet).