£912,894
This estimated value is based upon the latest sale price for the house of £712,500 on 23 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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29-31 Greatorex Street, London, E1 5NP
Phone: 02036411475
Price Paid | Date |
---|---|
£712,500 | 23 Jun 2017 |
£272,000 | 29 Jul 2005 |
£60,000 | 9 Sep 1996 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £712,500 results in an estimated price of approximately £912,894.
23 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £712,500 | £200,394 | £912,894 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | -17.592 % | £-125,344 | £587,155 |
3 Month Average | -17.444 % | £-124,287 | £588,212 |
6 Month Average | -7.734 % | £-55,106 | £657,393 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £386,441 | £381,500 | 12 DEAL STREET |
16 Jun 2023 | £683,277 | £675,000 | FLAT 9 TANNERY HOUSE, 6 DEAL STREET |
5 Apr 2023 | £707,619 | £700,000 | FLAT 21 TANNERY HOUSE, 6 DEAL STREET |
1 Mar 2023 | £413,899 | £410,000 | 16 DEAL STREET |
6 Sep 2022 | £669,593 | £675,000 | 196 WOODSEER STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 11 Dec 2018. Using an estimated price of £912,894 means this house is valued at £17,224 per sq meter (£1,600 per sq foot).
The average size of a house on DEAL STREET is 78 sq meters (848 sq feet).