£456,417
This estimated value is based upon the latest sale price for the house of £369,000 on 10 Aug 2018. 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 |
---|---|
£369,000 | 10 Aug 2018 |
£246,000 | 29 Nov 2013 |
£195,000 | 1 Dec 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £369,000 results in an estimated price of approximately £456,417.
10 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £369,000 | £87,417 | £456,417 |
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 | 25.420 % | £93,799 | £462,799 |
3 Month Average | 1.662 % | £6,131 | £375,131 |
6 Month Average | 29.896 % | £110,317 | £479,317 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £364,663 | £360,000 | FLAT 26 WESTLEIGH COURT, 2 NIGHTINGALE LANE |
21 Jul 2023 | £268,615 | £265,000 | FLAT 3 WESTLEIGH COURT, 2 NIGHTINGALE LANE |
22 Feb 2023 | £222,350 | £222,500 | FLAT 5 WESTLEIGH COURT, 2 NIGHTINGALE LANE |
23 Jan 2023 | £499,646 | £502,000 | 14B WELLESLEY ROAD |
18 Jan 2023 | £898,269 | £902,500 | 34 WELLESLEY ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 25 Sep 2013. Using an estimated price of £456,418 means this house is valued at £8,777 per sq meter (£815 per sq foot).
The average size of a house on WELLESLEY ROAD is 93 sq meters (1,001 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cowley Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Cowley Road |
Feb 2024 | Other crime | Under investigation | On or near Cowley Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cowley Road |
Mar 2024 | Other theft | Under investigation | On or near Wellington Passage |