£1,109,999
This estimated value is based upon the latest sale price for the house of £700,000 on 4 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
Price Paid | Date |
---|---|
£700,000 | 4 Mar 2014 |
£393,000 | 22 Jul 2010 |
£250,000 | 11 Apr 2003 |
£197,000 | 19 Jun 2002 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,221 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 March 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £700,000 results in an estimated price of approximately £1,109,999.
4 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £700,000 | £409,999 | £1,109,999 |
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 | 52.683 % | £368,777 | £1,068,777 |
3 Month Average | 66.109 % | £462,765 | £1,162,765 |
6 Month Average | 62.908 % | £440,355 | £1,140,355 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £454,000 | £454,000 | FLAT 4 3 ST MARY ROAD |
26 Mar 2024 | £358,508 | £353,000 | FLAT 2 3 ST MARY ROAD |
17 Nov 2023 | £771,843 | £752,250 | 33 FOLKESTONE ROAD |
19 Oct 2023 | £1,447,884 | £1,415,000 | 8 ST MARY ROAD |
10 Aug 2023 | £611,020 | £600,000 | FLAT A 49 FOLKESTONE ROAD |
This house has a floor area of 113 sq meters or 1,221 sq feet when measured on 1 Oct 2009. Using an estimated price of £1,110,000 means this house is valued at £9,779 per sq meter (£908 per sq foot).
The average size of a house on WOODBURY ROAD is 146 sq meters (1,579 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodbury Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Folkestone Road |