£238,500
This estimated value is based upon the latest sale price for the house of £50,000 on 15 Apr 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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328 Lea Bridge Road, London, E10 7LD
Phone: 02081289857
Price Paid | Date |
---|---|
£50,000 | 15 Apr 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 1998 the House Price Index for GREATER LONDON was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £50,000 results in an estimated price of approximately £238,500.
15 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.4 | 149.7 | 377.002 % | £50,000 | £188,500 | £238,500 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 493.813 % | £246,906 | £296,906 |
3 Month Average | 568.625 % | £284,312 | £334,312 |
6 Month Average | 547.106 % | £273,552 | £323,552 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £463,771 | £451,999 | 302 MARKHOUSE ROAD |
1 Nov 2023 | £436,069 | £425,000 | 5 HARRIS STREET |
29 Jul 2022 | £434,352 | £430,000 | 306 MARKHOUSE ROAD |
13 Jun 2022 | £469,792 | £459,750 | 55 HARRIS STREET |
21 Apr 2022 | £373,472 | £360,000 | 386 MARKHOUSE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Apr 2018. Using an estimated price of £238,501 means this house is valued at £3,507 per sq meter (£325 per sq foot).
The average size of a house on SYBOURN STREET is 73 sq meters (789 sq feet).