£331,536
This estimated value is based upon the latest sale price for the house of £331,760 on 23 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Madeira Road
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553 Leytonstone High Road, E11 4PB
Phone: 02080220078
| Price Paid | Date |
|---|---|
| £331,760 | 23 Feb 2023 |
| £310,000 | 14 Jun 2019 |
| £275,000 | 23 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 February 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £331,760 results in an estimated price of approximately £331,536.
| 23 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £331,760 | £-223 | £331,536 |
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 | -24.219 % | £-80,347 | £251,412 |
| 3 Month Average | -18.146 % | £-60,199 | £271,560 |
| 6 Month Average | -0.829 % | £-2,749 | £329,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £301,500 | £301,500 | 314A GROVE GREEN ROAD |
| 11 Dec 2023 | £279,897 | £275,000 | FLAT 318 GROVE GREEN ROAD |
| 23 Feb 2023 | £331,537 | £331,760 | 302A GROVE GREEN ROAD |
| 10 Oct 2022 | £312,634 | £316,000 | 154A ASHVILLE ROAD |
| 5 Sep 2022 | £471,195 | £475,000 | 308A GROVE GREEN ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Feb 2016. Using an estimated price of £331,537 means this house is valued at £4,196 per sq meter (£389 per sq foot).
The average size of a house on GROVE GREEN ROAD is 96 sq meters (1,042 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near Madeira Road |
| Apr 2024 | Burglary | Under investigation | On or near Madeira Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Madeira Road |
| Mar 2024 | Public order | Under investigation | On or near Madeira Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Madeira Road |