£514,386
This estimated value is based upon the latest sale price for the house of £405,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Oakwood House 414 -422 Hackney Road, Bethnal Green, London, E2 7SY
Phone: 02036414614
| Price Paid | Date |
|---|---|
| £405,000 | 25 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £405,000 results in an estimated price of approximately £514,386.
| 25 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £405,000 | £109,386 | £514,386 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 21.264 % | £86,120 | £491,120 |
| 3 Month Average | -7.394 % | £-29,944 | £375,055 |
| 6 Month Average | 1.336 % | £5,411 | £410,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £461,837 | £455,000 | 4 LION MILLS |
| 16 Nov 2023 | £583,641 | £575,000 | FLAT 13 MINSTREL COURT TEESDALE CLOSE |
| 31 Mar 2023 | £464,375 | £460,000 | 399 HACKNEY ROAD |
| 14 Mar 2023 | £391,185 | £387,500 | 5 LION MILLS |
| 13 Jan 2023 | £567,328 | £570,000 | 395A HACKNEY ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 19 Mar 2014. Using an estimated price of £514,386 means this house is valued at £13,189 per sq meter (£1,225 per sq foot).
The average size of a house on HACKNEY ROAD is 58 sq meters (631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Teesdale Close | |
| Apr 2024 | Theft from the person | Under investigation | On or near Teesdale Close |