£1,024,148
This estimated value is based upon the latest sale price for the house of £940,000 on 12 Nov 2021. 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 |
---|---|
£940,000 | 12 Nov 2021 |
£770,000 | 8 Dec 2017 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £940,000 results in an estimated price of approximately £1,024,148.
12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £940,000 | £84,148 | £1,024,148 |
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 | -29.378 % | £-276,156 | £663,843 |
3 Month Average | -1.822 % | £-17,130 | £922,869 |
6 Month Average | -0.181 % | £-1,699 | £938,300 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £1,201,486 | £1,175,000 | 1 BURNHAM CRESCENT |
30 Jun 2023 | £867,382 | £850,000 | 41 RUTLAND ROAD |
24 Mar 2023 | £1,093,258 | £1,075,000 | 9 HEREFORD ROAD |
14 Feb 2023 | £903,032 | £897,000 | 5 BURNHAM CRESCENT |
4 May 2022 | £528,776 | £515,000 | GROUND FLOOR FLAT 37 WARWICK ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 14 Jul 2021. Using an estimated price of £1,024,148 means this house is valued at £10,558 per sq meter (£980 per sq foot).
The average size of a house on RUTLAND ROAD is 149 sq meters (1,607 sq feet).