£887,147
This estimated value is based upon the latest sale price for the house of £275,000 on 22 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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117a High Street, Wanstead, London, E11 2RL
Phone: 02081158610
Price Paid | Date |
---|---|
£275,000 | 22 Nov 2001 |
Terraced |
Freehold |
Floor Area: 153 sq meters or 1,646 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 November 2001 the House Price Index for GREATER LONDON was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £275,000 results in an estimated price of approximately £887,147.
22 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 149.7 | 222.599 % | £275,000 | £612,147 | £887,147 |
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 | 231.756 % | £637,329 | £912,329 |
3 Month Average | 282.850 % | £777,836 | £1,052,836 |
6 Month Average | 281.400 % | £773,850 | £1,048,850 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2024 | £1,280,000 | £1,280,000 | 27 THE WARREN DRIVE |
31 May 2024 | £1,082,000 | £1,082,000 | 4 COLEBROOKE DRIVE |
24 Nov 2023 | £2,436,857 | £2,375,000 | 4 THE WARREN DRIVE |
8 Sep 2023 | £1,032,766 | £1,010,000 | 164 OVERTON DRIVE |
25 Aug 2022 | £1,557,282 | £1,550,000 | 124 OVERTON DRIVE |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 27 Jan 2017. Using an estimated price of £887,147 means this house is valued at £5,798 per sq meter (£538 per sq foot).
The average size of a house on OVERTON DRIVE is 161 sq meters (1,740 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Colebrooke Drive |
Apr 2024 | Drugs | Under investigation | On or near Warren Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Langley Crescent |
Apr 2024 | Other theft | Under investigation | On or near Warren Road |