£365,811
This estimated value is based upon the latest sale price for the house of £175,000 on 25 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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485-487 Bethnal Green Road, Bethnal Green, E2 9QH
Phone: 02081154669
Price Paid | Date |
---|---|
£175,000 | 25 Mar 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 March 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £175,000 results in an estimated price of approximately £365,811.
25 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 148.6 | 109.035 % | £175,000 | £190,811 | £365,811 |
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 | 199.439 % | £349,018 | £524,018 |
3 Month Average | 141.299 % | £247,273 | £422,273 |
6 Month Average | 183.985 % | £321,974 | £496,974 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2022 | £355,281 | £345,000 | FLAT 7 STAPLETON HOUSE ELLSWORTH STREET |
10 Jan 2022 | £489,370 | £465,000 | FLAT 310 CITY VIEW HOUSE, 463 BETHNAL GREEN ROAD |
6 Dec 2021 | £482,120 | £450,000 | FLAT 401 CITY VIEW HOUSE, 463 BETHNAL GREEN ROAD |
1 Dec 2021 | £543,724 | £507,500 | FLAT 106 CITY VIEW HOUSE, 463 BETHNAL GREEN ROAD |
25 Jun 2021 | £337,971 | £315,000 | FLAT 15 JAMES MIDDLETON HOUSE MIDDLETON STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 Apr 2012. Using an estimated price of £365,811 means this house is valued at £5,542 per sq meter (£514 per sq foot).
The average size of a house on ELLSWORTH STREET is 67 sq meters (725 sq feet).