£335,476
This estimated value is based upon the latest sale price for the house of £270,000 on 26 Jul 2019. 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 |
---|---|
£270,000 | 26 Jul 2019 |
£93,000 | 22 Sep 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 449 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £270,000 results in an estimated price of approximately £335,476.
26 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £270,000 | £65,476 | £335,476 |
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 | -0.999 % | £-2,696 | £267,303 |
3 Month Average | 20.141 % | £54,379 | £324,379 |
6 Month Average | 26.798 % | £72,354 | £342,354 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £460,143 | £450,000 | 21 TRAFALGAR PLACE |
6 Oct 2022 | £293,021 | £294,000 | FLAT 6 64 HERMON HILL |
14 Jan 2022 | £392,273 | £370,000 | FLAT 14 DICKENS COURT, 3 MAKEPEACE ROAD |
25 Oct 2021 | £542,844 | £487,000 | 7 TRAFALGAR PLACE |
28 Feb 2021 | £471,744 | £412,500 | FLAT 12 DICKENS COURT, 3 MAKEPEACE ROAD |
This house has a floor area of 41 sq meters or 449 sq feet when measured on 7 Sep 2009. Using an estimated price of £335,476 means this house is valued at £8,035 per sq meter (£746 per sq foot).
The average size of a house on HERMON HILL is 66 sq meters (713 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Trafalgar Place |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Nelson Road |