£279,326
This estimated value is based upon the latest sale price for the house of £59,500 on 30 Jun 1998. 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 Homerton Terrace
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193 Well Street, Hackney, E9 6QU
Phone: 02034637549
Price Paid | Date |
---|---|
£59,500 | 30 Jun 1998 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 June 1998 the House Price Index for GREATER LONDON was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £59,500 results in an estimated price of approximately £279,326.
30 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 148.6 | 369.456 % | £59,500 | £219,826 | £279,326 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | 687.627 % | £409,137 | £468,637 |
3 Month Average | 420.204 % | £250,021 | £309,521 |
6 Month Average | 593.699 % | £353,250 | £412,750 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £90,000 | £90,000 | 124 - 136 MORNING LANE |
19 Dec 2023 | £1,323,151 | £1,300,000 | 94 MORNING LANE |
13 Dec 2023 | £356,233 | £350,000 | FLAT 4 BUTFIELD HOUSE STEVENS AVENUE |
7 Jul 2023 | £608,186 | £600,000 | 3 MEHETABEL ROAD |
29 Jun 2022 | £1,458,613 | £1,438,000 | 31 MEHETABEL ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 25 May 2014. Using an estimated price of £279,326 means this house is valued at £5,078 per sq meter (£471 per sq foot).
The average size of a house on MORNING LANE is 68 sq meters (741 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Homerton Terrace |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Homerton Terrace |