£457,180
This estimated value is based upon the latest sale price for the house of £102,000 on 31 Mar 1999. 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 |
|---|---|
| £102,000 | 31 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 697 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 1999 the House Price Index for GREATER LONDON was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £102,000 results in an estimated price of approximately £457,180.
| 31 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £102,000 | £355,180 | £457,180 |
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 | 425.557 % | £434,068 | £536,068 |
| 3 Month Average | 461.664 % | £470,897 | £572,897 |
| 6 Month Average | 521.404 % | £531,831 | £633,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £537,200 | £532,500 | 15 LONGCOURT MEWS |
| 6 Jan 2023 | £646,952 | £650,000 | 3 MERINO CLOSE |
| 10 Aug 2022 | £349,060 | £350,000 | 101 ONSLOW GARDENS |
| 30 Mar 2022 | £647,664 | £625,000 | 112 ELMCROFT AVENUE |
| 17 Dec 2021 | £295,700 | £276,000 | 79 ONSLOW GARDENS |
This house has a floor area of 64 sq meters or 697 sq feet when measured on 22 Dec 2011. Using an estimated price of £457,181 means this house is valued at £7,055 per sq meter (£655 per sq foot).
The average size of a house on MERINO CLOSE is 98 sq meters (1,065 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Merino Close |
| Feb 2024 | Drugs | Under investigation | On or near Merino Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Longcourt Mews |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Longcourt Mews |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Longcourt Mews |