£363,323
This estimated value is based upon the latest sale price for the house of £234,995 on 1 May 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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51 Vicarage Lane, London, E15 4HG
Phone: 02080223215
| Price Paid | Date |
|---|---|
| £234,995 | 1 May 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £234,995 results in an estimated price of approximately £363,323.
| 1 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £234,995 | £128,328 | £363,323 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 86.719 % | £203,784 | £438,779 |
| 3 Month Average | 60.250 % | £141,583 | £376,578 |
| 6 Month Average | 76.370 % | £179,466 | £414,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £265,900 | £262,500 | FLAT 23 MEADS COURT, 38 CARNARVON ROAD |
| 31 Aug 2023 | £270,365 | £268,000 | FLAT 48 MEADS COURT, 38 CARNARVON ROAD |
| 11 Apr 2023 | £333,592 | £330,000 | 8 DYSON ROAD |
| 6 Mar 2023 | £282,663 | £280,000 | FLAT 32 MEADS COURT, 38 CARNARVON ROAD |
| 30 Jun 2022 | £355,017 | £350,000 | 3 JOHN BARNES WALK |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 29 Oct 2012. Using an estimated price of £363,323 means this house is valued at £5,676 per sq meter (£527 per sq foot).
The average size of a house on ROMFORD ROAD is 64 sq meters (689 sq feet).