£383,427
This estimated value is based upon the latest sale price for the house of £305,000 on 11 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
| Price Paid | Date |
|---|---|
| £305,000 | 11 Dec 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £305,000 results in an estimated price of approximately £383,427.
| 11 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £305,000 | £78,427 | £383,427 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 32.001 % | £97,603 | £402,603 |
| 3 Month Average | 2.187 % | £6,669 | £311,669 |
| 6 Month Average | 6.862 % | £20,928 | £325,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Nov 2022 | £256,888 | £260,000 | 26 RAINHILL WAY |
| 14 Oct 2022 | £435,313 | £440,000 | 48 RAINHILL WAY |
| 6 Dec 2021 | £316,056 | £295,000 | FLAT 6 MARSALIS HOUSE, 131 RAINHILL WAY |
| 4 Aug 2021 | £251,014 | £225,000 | 94 RAINHILL WAY |
| 29 Jul 2021 | £275,824 | £240,000 | 92 RAINHILL WAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 6 Jan 2017. Using an estimated price of £383,428 means this house is valued at £6,846 per sq meter (£636 per sq foot).
The average size of a house on RAINHILL WAY is 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bow Church | |
| Apr 2024 | Anti-social behaviour | On or near Bow Church | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bow Church |
| Apr 2024 | Theft from the person | Under investigation | On or near Bow Church |
| Apr 2024 | Anti-social behaviour | On or near Bow Church |