£320,401
This estimated value is based upon the latest sale price for the house of £173,500 on 1 Aug 2005. 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 |
|---|---|
| £173,500 | 1 Aug 2005 |
| £99,000 | 29 Oct 1999 |
| £71,000 | 23 Jun 1998 |
| £58,995 | 20 Apr 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2005 the House Price Index for GREATER LONDON was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £173,500 results in an estimated price of approximately £320,401.
| 1 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £173,500 | £146,901 | £320,401 |
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 | 53.192 % | £92,288 | £265,788 |
| 3 Month Average | 80.577 % | £139,800 | £313,300 |
| 6 Month Average | 99.744 % | £173,055 | £346,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £469,424 | £455,000 | FLAT 34 PARK WEST BUILDING BOW QUARTER, 60 FAIRFIELD ROAD |
| 15 Nov 2023 | £487,371 | £475,000 | FLAT 17 PARK WEST BUILDING BOW QUARTER, 60 FAIRFIELD ROAD |
| 13 May 2022 | £513,374 | £500,000 | FLAT 13 PARK WEST BUILDING BOW QUARTER, 60 FAIRFIELD ROAD |
| 22 Dec 2021 | £706,947 | £655,000 | FLAT 54 PARK WEST BUILDING BOW QUARTER, 60 FAIRFIELD ROAD |
| 28 Sep 2021 | £501,533 | £462,000 | FLAT 22 PARK WEST BUILDING BOW QUARTER, 60 FAIRFIELD ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 4 May 2011. Using an estimated price of £320,402 means this house is valued at £5,825 per sq meter (£541 per sq foot).
The average size of a house on FAIRFIELD ROAD is 59 sq meters (642 sq feet).