£559,802
This estimated value is based upon the latest sale price for the house of £450,000 on 10 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Sterling House, Fulbourne Road, London, E17 4EE
Phone: 02081154908
| Price Paid | Date |
|---|---|
| £450,000 | 10 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £450,000 results in an estimated price of approximately £559,802.
| 10 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £450,000 | £109,802 | £559,802 |
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 | 2.984 % | £13,425 | £463,425 |
| 3 Month Average | 14.980 % | £67,410 | £517,410 |
| 6 Month Average | 20.373 % | £91,679 | £541,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £453,942 | £450,000 | 77 MACDONALD ROAD |
| 1 Nov 2023 | £436,069 | £425,000 | 16 CHAUCER ROAD |
| 29 Sep 2023 | £526,609 | £515,000 | 80 MACDONALD ROAD |
| 16 Jun 2022 | £628,433 | £615,000 | 9 MACDONALD ROAD |
| 24 Jan 2022 | £633,521 | £597,550 | 76 MACDONALD ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 15 May 2018. Using an estimated price of £559,803 means this house is valued at £7,365 per sq meter (£684 per sq foot).
The average size of a house on MACDONALD ROAD is 85 sq meters (917 sq feet).