£420,031
This estimated value is based upon the latest sale price for the house of £340,000 on 25 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
Price Paid | Date |
---|---|
£340,000 | 25 Mar 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £340,000 results in an estimated price of approximately £420,031.
25 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £340,000 | £80,031 | £420,031 |
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 | -25.447 % | £-86,519 | £253,480 |
3 Month Average | -14.276 % | £-48,539 | £291,460 |
6 Month Average | -0.331 % | £-1,125 | £338,874 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £228,149 | £226,000 | 198 CAMPBELL ROAD |
19 Jan 2022 | £212,586 | £202,000 | 144 ROUNTON ROAD |
15 Dec 2021 | £281,274 | £262,535 | 104 ROUNTON ROAD |
15 Dec 2021 | £281,274 | £262,535 | 70 ROUNTON ROAD |
26 Nov 2021 | £292,009 | £270,000 | 208 CAMPBELL ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 1 May 2019. Using an estimated price of £420,032 means this house is valued at £5,753 per sq meter (£534 per sq foot).
The average size of a house on SWATON ROAD is 82 sq meters (892 sq feet).