£294,550
This estimated value is based upon the latest sale price for the house of £150,000 on 30 Jul 2004. 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 |
---|---|
£150,000 | 30 Jul 2004 |
£90,000 | 29 Jun 2001 |
£51,500 | 31 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 July 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £150,000 results in an estimated price of approximately £294,550.
30 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £150,000 | £144,550 | £294,550 |
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 | 138.344 % | £207,516 | £357,516 |
3 Month Average | 172.703 % | £259,054 | £409,054 |
6 Month Average | 165.940 % | £248,909 | £398,909 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £472,100 | £468,000 | 42 HIBBERT ROAD |
22 Sep 2023 | £495,932 | £485,000 | 2 WETHERDEN STREET |
3 Apr 2023 | £458,577 | £450,000 | 110 HIBBERT ROAD |
27 Jan 2023 | £325,871 | £325,000 | 82 HIBBERT ROAD |
12 Aug 2022 | £484,767 | £482,500 | 19 THEYDON STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 9 Sep 2009. Using an estimated price of £294,551 means this house is valued at £4,531 per sq meter (£420 per sq foot).
The average size of a house on WETHERDEN STREET is 70 sq meters (759 sq feet).