£1,418,120
This estimated value is based upon the latest sale price for the house of £1,200,000 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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397 - 399 Mile End Road, Bow, London, E3 4PB
Phone: 02034783384
| Price Paid | Date |
|---|---|
| £1,200,000 | 9 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,418,120.
| 9 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £1,200,000 | £218,120 | £1,418,120 |
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 | -39.167 % | £-470,000 | £729,999 |
| 3 Month Average | -27.432 % | £-329,183 | £870,816 |
| 6 Month Average | -9.857 % | £-118,281 | £1,081,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £985,003 | £960,000 | 14 COBORN ROAD |
| 9 Aug 2023 | £1,206,765 | £1,185,000 | 69 COBORN ROAD |
| 30 Jun 2023 | £510,225 | £500,000 | 27 MALMESBURY ROAD |
| 23 Jun 2023 | £1,599,555 | £1,567,500 | 28 COBORN ROAD |
| 12 Apr 2023 | £529,912 | £520,000 | 39 MALMESBURY ROAD |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 22 Jan 2020. Using an estimated price of £1,418,120 means this house is valued at £8,594 per sq meter (£798 per sq foot).
The average size of a house on COBORN ROAD is 101 sq meters (1,087 sq feet).