£558,419
This estimated value is based upon the latest sale price for the house of £235,000 on 11 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
| Price Paid | Date |
|---|---|
| £235,000 | 11 Jun 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 June 2003 the House Price Index for GREATER LONDON was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £235,000 results in an estimated price of approximately £558,419.
| 11 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 149.7 | 137.625 % | £235,000 | £323,419 | £558,419 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 82.237 % | £193,257 | £428,257 |
| 3 Month Average | 117.585 % | £276,324 | £511,324 |
| 6 Month Average | 134.321 % | £315,655 | £550,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2022 | £386,809 | £385,000 | FLAT 2 28 MORNINGTON GROVE |
| 8 Jul 2022 | £1,111,134 | £1,100,000 | 16 TOMLINS GROVE |
| 29 Jun 2022 | £324,435 | £317,500 | FLAT 12 CRESTA HOUSE, 12 IRETON STREET |
| 29 Apr 2022 | £373,472 | £360,000 | FLAT 1 CRESTA HOUSE, 12 IRETON STREET |
| 6 Dec 2021 | £464,102 | £430,000 | 7B TOMLINS GROVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Mar 2017. Using an estimated price of £558,420 means this house is valued at £6,894 per sq meter (£640 per sq foot).
The average size of a house on MORNINGTON GROVE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Archibald Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Archibald Street |