£366,045
This estimated value is based upon the latest sale price for the house of £64,500 on 9 Apr 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 4, The Chronos Building, 9-25 Mile End Road, London, E1 4TP
Phone: 02080337546
Price Paid | Date |
---|---|
£64,500 | 9 Apr 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 127 sq meters or 1,367 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 1996 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.512%.Applying this 467.512% change to the original purchase price of £64,500 results in an estimated price of approximately £366,045.
9 Apr 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.512 % | £64,500 | £301,545 | £366,045 |
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 | 592.654 % | £382,261 | £446,761 |
3 Month Average | 587.422 % | £378,887 | £443,387 |
6 Month Average | 613.757 % | £395,873 | £460,373 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £400,000 | £400,000 | FLAT 19 SOVEREIGN HOUSE CAMBRIDGE HEATH ROAD |
2 May 2024 | £465,000 | £465,000 | 5 BARTHOLOMEW SQUARE |
19 Jun 2023 | £637,781 | £625,000 | FLAT 14 STEEPLE COURT COVENTRY ROAD |
28 Oct 2022 | £423,585 | £425,000 | FLAT 94 DONEGAL HOUSE CAMBRIDGE HEATH ROAD |
16 Jun 2022 | £71,529 | £70,000 | THE CARPENTERS ARMS, 135 CAMBRIDGE HEATH ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 29 Nov 2012. Using an estimated price of £366,045 means this house is valued at £2,882 per sq meter (£267 per sq foot).
The average size of a house on COVENTRY ROAD is 80 sq meters (870 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).