£603,971
This estimated value is based upon the latest sale price for the house of £500,000 on 17 Aug 2020. 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 |
|---|---|
| £500,000 | 17 Aug 2020 |
| £355,000 | 28 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,046 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 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £500,000 results in an estimated price of approximately £603,971.
| 17 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £500,000 | £103,971 | £603,971 |
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 | 16.513 % | £82,562 | £582,562 |
| 3 Month Average | 29.123 % | £145,615 | £645,615 |
| 6 Month Average | 18.970 % | £94,850 | £594,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £1,135,796 | £1,110,000 | 81 ELMCROFT AVENUE |
| 29 Sep 2023 | £741,342 | £725,000 | 65 ELMCROFT AVENUE |
| 30 Jun 2023 | £867,382 | £850,000 | 41 RUTLAND ROAD |
| 2 Jun 2023 | £1,086,779 | £1,065,000 | 63 CRANBOURNE AVENUE |
| 26 Jan 2023 | £852,277 | £850,000 | 83 CRANBOURNE AVENUE |
This house has a floor area of 97 sq meters or 1,046 sq feet when measured on 2 Jun 2011. Using an estimated price of £603,971 means this house is valued at £6,213 per sq meter (£577 per sq foot).
The average size of a house on ELMCROFT AVENUE is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Woodbury Close |
| Apr 2024 | Anti-social behaviour | On or near Leicester Road | |
| Apr 2024 | Burglary | Under investigation | On or near Leicester Road |
| Apr 2024 | Anti-social behaviour | On or near Leicester Road | |
| Apr 2024 | Anti-social behaviour | On or near Leicester Road |