£815,233
This estimated value is based upon the latest sale price for the house of £482,500 on 12 Apr 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Wellington Road, E11 2AS
Phone: 02081285537
Price Paid | Date |
---|---|
£482,500 | 12 Apr 2013 |
£350,000 | 10 Feb 2005 |
£264,000 | 30 Nov 2001 |
£85,000 | 25 Jul 1995 |
Semi-Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £482,500 results in an estimated price of approximately £815,233.
12 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.960 % | £482,500 | £332,733 | £815,233 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | 58.060 % | £280,138 | £762,638 |
3 Month Average | 82.909 % | £400,034 | £882,534 |
6 Month Average | 82.022 % | £395,755 | £878,255 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £721,079 | £710,000 | 140 ELMCROFT AVENUE |
20 Oct 2023 | £961,845 | £940,000 | 9 LORNE GARDENS |
12 Oct 2023 | £819,692 | £801,075 | 139 ELMCROFT AVENUE |
29 Sep 2023 | £1,201,486 | £1,175,000 | 1 BURNHAM CRESCENT |
14 Feb 2023 | £903,032 | £897,000 | 5 BURNHAM CRESCENT |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 24 May 2012. Using an estimated price of £815,234 means this house is valued at £6,737 per sq meter (£625 per sq foot).
The average size of a house on LORNE GARDENS is 101 sq meters (1,093 sq feet).