£408,564
This estimated value is based upon the latest sale price for the house of £245,000 on 7 Dec 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Madeira Road
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553 Leytonstone High Road, E11 4PB
Phone: 02080220078
| Price Paid | Date |
|---|---|
| £245,000 | 7 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 December 2006 the House Price Index for GREATER LONDON was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £245,000 results in an estimated price of approximately £408,564.
| 7 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £245,000 | £163,564 | £408,564 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | 90.681 % | £222,169 | £467,169 |
| 3 Month Average | 109.980 % | £269,452 | £514,452 |
| 6 Month Average | 113.290 % | £277,561 | £522,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £605,256 | £600,000 | GROUND FLOOR FLAT 481 GROVE GREEN ROAD |
| 8 Mar 2024 | £306,205 | £301,500 | 314A GROVE GREEN ROAD |
| 11 Dec 2023 | £283,718 | £275,000 | FLAT 318 GROVE GREEN ROAD |
| 23 Feb 2023 | £333,991 | £331,760 | 302A GROVE GREEN ROAD |
| 5 Sep 2022 | £474,683 | £475,000 | 308A GROVE GREEN ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 14 Jun 2021. Using an estimated price of £408,564 means this house is valued at £4,045 per sq meter (£375 per sq foot).
The average size of a house on MADEIRA ROAD is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near Madeira Road |
| Apr 2024 | Burglary | Under investigation | On or near Madeira Road |
| Apr 2024 | Anti-social behaviour | On or near Connaught Road | |
| Apr 2024 | Anti-social behaviour | On or near Connaught Road | |
| Apr 2024 | Anti-social behaviour | On or near Connaught Road |