£550,228
This estimated value is based upon the latest sale price for the house of £299,000 on 30 Sep 2005. 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 Riverhead Close
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75a Forest Road, Walthamstow, E17 6HF
Phone: 02081152320
| Price Paid | Date |
|---|---|
| £299,000 | 30 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 829 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 September 2005 the House Price Index for GREATER LONDON was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £299,000 results in an estimated price of approximately £550,228.
| 30 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £299,000 | £251,228 | £550,228 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 135.159 % | £404,125 | £703,125 |
| 3 Month Average | 159.614 % | £477,246 | £776,246 |
| 6 Month Average | 150.793 % | £450,870 | £749,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £595,168 | £590,000 | 18 LEE CLOSE |
| 24 Aug 2023 | £670,086 | £658,000 | 290 BLACKHORSE LANE |
| 23 Jun 2023 | £367,362 | £360,000 | 53 RIVERHEAD CLOSE |
| 15 Jul 2022 | £339,401 | £336,000 | 63 RIVERHEAD CLOSE |
| 24 Jun 2022 | £375,016 | £367,000 | 52 RIVERHEAD CLOSE |
This house has a floor area of 77 sq meters or 829 sq feet when measured on 17 Dec 2008. Using an estimated price of £550,229 means this house is valued at £7,141 per sq meter (£663 per sq foot).
The average size of a house on RIVERHEAD CLOSE is 61 sq meters (659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Riverhead Close |
| Apr 2024 | Drugs | Under investigation | On or near Woolston Close |