£276,911
This estimated value is based upon the latest sale price for the house of £159,000 on 21 Oct 2011. 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 |
|---|---|
| £159,000 | 21 Oct 2011 |
| £55,000 | 1 Mar 1999 |
| Flats/Maisonettes |
| Leasehold |
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 October 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £159,000 results in an estimated price of approximately £276,911.
| 21 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £159,000 | £117,911 | £276,911 |
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 | 72.298 % | £114,953 | £273,953 |
| 3 Month Average | 83.541 % | £132,830 | £291,830 |
| 6 Month Average | 91.903 % | £146,125 | £305,125 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £482,412 | £475,000 | FLAT 36 EAGLE COURT HERMON HILL |
| 15 Sep 2023 | £460,143 | £450,000 | 21 TRAFALGAR PLACE |
| 31 Oct 2022 | £416,609 | £418,000 | FLAT 4 OAKSIDE COURT DEEPDENE CLOSE |
| 6 Oct 2022 | £293,021 | £294,000 | FLAT 6 64 HERMON HILL |
| 25 Oct 2021 | £542,844 | £487,000 | 7 TRAFALGAR PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Trafalgar Place |