£1,143,427
This estimated value is based upon the latest sale price for the house of £925,000 on 9 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Calvert Avenue, London, E2 7JP
Phone: 02080228867
| Price Paid | Date |
|---|---|
| £925,000 | 9 May 2019 |
| £270,000 | 27 Jun 2003 |
| £53,000 | 11 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 115 sq meters or 1,237 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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £925,000 results in an estimated price of approximately £1,143,427.
| 9 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £925,000 | £218,427 | £1,143,427 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 21.966 % | £203,182 | £1,128,182 |
| 3 Month Average | 24.755 % | £228,979 | £1,153,979 |
| 6 Month Average | 28.919 % | £267,505 | £1,192,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £484,236 | £480,000 | FLAT 11 79 - 85 HACKNEY ROAD |
| 3 Nov 2021 | £400,160 | £370,000 | 124 HACKNEY ROAD |
| 24 Sep 2021 | £549,572 | £510,000 | 49 PELTER STREET |
| 6 Aug 2020 | £857,332 | £715,000 | 26 CASSIA BUILDING GORSUCH PLACE |
| 28 Jul 2020 | £1,059,068 | £875,840 | 37 CASSIA BUILDING GORSUCH PLACE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 29 Jul 2015. Using an estimated price of £1,143,427 means this house is valued at £9,942 per sq meter (£923 per sq foot).
The average size of a house on LONG STREET is 72 sq meters (777 sq feet).