£377,831
This estimated value is based upon the latest sale price for the house of £208,125 on 15 Dec 2005. 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 |
---|---|
£208,125 | 15 Dec 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 2005 the House Price Index for GREATER LONDON was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £208,125 results in an estimated price of approximately £377,831.
15 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £208,125 | £169,706 | £377,831 |
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 | 59.361 % | £123,544 | £331,669 |
3 Month Average | 85.634 % | £178,225 | £386,350 |
6 Month Average | 99.614 % | £207,322 | £415,447 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £319,915 | £315,000 | FLAT 302 ASHMORE HOUSE NORTH, 41 VIOLET ROAD |
15 Nov 2023 | £384,767 | £375,000 | FLAT 3 42 VIOLET ROAD |
10 Nov 2023 | £328,334 | £320,000 | FLAT 7 42 VIOLET ROAD |
22 Feb 2023 | £372,488 | £370,000 | FLAT 45 42 VIOLET ROAD |
22 Nov 2022 | £401,124 | £403,000 | 6 BROCK PLACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 31 Jan 2019. Using an estimated price of £377,832 means this house is valued at £5,556 per sq meter (£516 per sq foot).
The average size of a house on VIOLET ROAD is 65 sq meters (706 sq feet).