£395,363
This estimated value is based upon the latest sale price for the house of £223,000 on 16 Oct 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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61 Wallis Road, Hackney Wick, E9 5LH
Phone: 02080223255
Price Paid | Date |
---|---|
£223,000 | 16 Oct 2009 |
£155,000 | 18 Jul 2002 |
£129,000 | 7 Jan 2002 |
£56,500 | 29 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 90 sq meters or 968 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 2009 the House Price Index for GREATER LONDON was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £223,000 results in an estimated price of approximately £395,363.
16 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.4 | 149.7 | 77.293 % | £223,000 | £172,363 | £395,363 |
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 | 13.393 % | £29,865 | £252,865 |
3 Month Average | 51.155 % | £114,075 | £337,075 |
6 Month Average | 64.930 % | £144,794 | £367,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £228,511 | £225,000 | FLAT 59 WINFORD HOUSE JODRELL ROAD |
18 Aug 2023 | £738,316 | £725,000 | 8A JODRELL ROAD |
7 Jun 2023 | £433,691 | £425,000 | APARTMENT 18 DUCKETTS APARTMENTS, 1 WICK LANE |
2 Feb 2023 | £362,421 | £360,000 | FLAT 65 WINFORD HOUSE JODRELL ROAD |
25 Nov 2022 | £424,017 | £426,000 | 16 OLLERTON GREEN |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 5 Sep 2018. Using an estimated price of £395,363 means this house is valued at £4,392 per sq meter (£408 per sq foot).
The average size of a house on OLLERTON GREEN is 93 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Wick Lane |