£870,545
This estimated value is based upon the latest sale price for the house of £500,000 on 17 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
| Price Paid | Date |
|---|---|
| £500,000 | 17 Dec 2009 |
| £390,000 | 27 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,498 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 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £500,000 results in an estimated price of approximately £870,545.
| 17 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £500,000 | £370,545 | £870,545 |
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 | 47.565 % | £237,824 | £737,824 |
| 3 Month Average | 56.963 % | £284,812 | £784,812 |
| 6 Month Average | 71.421 % | £357,106 | £857,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £342,551 | £335,000 | FLAT 1 CROWNGATE HOUSE, 2 HEREFORD ROAD |
| 30 Jun 2023 | £487,265 | £477,500 | FLAT 2 CROWNGATE HOUSE, 2 HEREFORD ROAD |
| 31 Mar 2023 | £452,558 | £445,000 | FLAT 3 CROWNGATE HOUSE, 2 HEREFORD ROAD |
| 15 Mar 2023 | £305,095 | £300,000 | FLAT 28 CROWNGATE HOUSE, 2 HEREFORD ROAD |
| 14 Feb 2023 | £352,354 | £350,000 | FLAT 34 QUEENSGATE HOUSE, 1 HEREFORD ROAD |
This house has a floor area of 139 sq meters or 1,498 sq feet when measured on 18 Jul 2009. Using an estimated price of £870,545 means this house is valued at £6,252 per sq meter (£580 per sq foot).
The average size of a house on HEREFORD ROAD is 63 sq meters (686 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,498 sq feet).