£588,693
This estimated value is based upon the latest sale price for the house of £480,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 The Green, London, E4 7ES
Phone: 02081152074
| Price Paid | Date |
|---|---|
| £480,000 | 15 Nov 2019 |
| £355,000 | 5 Jul 2013 |
| £260,000 | 15 Jul 2005 |
| £197,500 | 28 Sep 2000 |
| £108,000 | 13 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £480,000 results in an estimated price of approximately £588,693.
| 15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £480,000 | £108,693 | £588,693 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | 26.232 % | £125,915 | £605,915 |
| 3 Month Average | -23.065 % | £-110,712 | £369,287 |
| 6 Month Average | 9.502 % | £45,611 | £525,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £263,907 | £260,000 | 20 TOP HOUSE RISE |
| 13 Sep 2023 | £683,742 | £675,000 | 50 MORNINGTON ROAD |
| 25 Aug 2023 | £348,095 | £345,050 | 29 TOP HOUSE RISE |
| 4 Aug 2023 | £943,252 | £935,000 | 12 MOUNT VIEW ROAD |
| 30 Jun 2023 | £1,290,634 | £1,275,000 | 68 MORNINGTON ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 4 Apr 2013. Using an estimated price of £588,694 means this house is valued at £5,450 per sq meter (£506 per sq foot).
The average size of a house on ARABIA CLOSE is 131 sq meters (1,417 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Arabia Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Arabia Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Arabia Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Top House Rise |
| Mar 2024 | Burglary | Under investigation | On or near Top House Rise |