£323,135
This estimated value is based upon the latest sale price for the house of £176,000 on 17 Oct 2005. 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 |
|---|---|
| £176,000 | 17 Oct 2005 |
| £82,000 | 4 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 601 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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £176,000 results in an estimated price of approximately £323,135.
| 17 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £176,000 | £147,135 | £323,135 |
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 | 143.561 % | £252,667 | £428,667 |
| 3 Month Average | 154.379 % | £271,706 | £447,706 |
| 6 Month Average | 148.343 % | £261,082 | £437,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £276,996 | £272,000 | 9 OSPREY CLOSE |
| 14 Mar 2023 | £348,317 | £342,500 | 47 OSPREY CLOSE |
| 1 Jun 2022 | £510,921 | £500,000 | 69 OSPREY CLOSE |
| 28 Mar 2022 | £407,134 | £390,000 | 52 OSPREY CLOSE |
| 26 Jan 2022 | £386,972 | £365,000 | 60 OSPREY CLOSE |
This house has a floor area of 55 sq meters or 601 sq feet when measured on 3 Jun 2011. Using an estimated price of £323,135 means this house is valued at £5,780 per sq meter (£537 per sq foot).
The average size of a house on OSPREY CLOSE is 56 sq meters (606 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Avon Way |
| Apr 2024 | Other theft | Under investigation | On or near Torrington Road |