£344,903
This estimated value is based upon the latest sale price for the house of £112,000 on 26 Feb 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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553 Leytonstone High Road, E11 4PB
Phone: 02080220078
| Price Paid | Date |
|---|---|
| £112,000 | 26 Feb 2002 |
| £80,000 | 28 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 February 2002 the House Price Index for GREATER LONDON was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £112,000 results in an estimated price of approximately £344,903.
| 26 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £112,000 | £232,903 | £344,903 |
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 | 245.163 % | £274,582 | £386,582 |
| 3 Month Average | 255.052 % | £285,658 | £397,658 |
| 6 Month Average | 296.268 % | £331,820 | £443,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £824,210 | £817,000 | 74 MELFORD ROAD |
| 2 Aug 2023 | £4,035 | £4,000 | 61 MELFORD ROAD |
| 15 Mar 2023 | £474,470 | £470,000 | FLAT 1 2 MELFORD ROAD |
| 17 Oct 2022 | £771,691 | £780,000 | 20 PARK GROVE ROAD |
| 9 Mar 2022 | £414,505 | £400,000 | 15 MELFORD ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 18 Mar 2015. Using an estimated price of £344,903 means this house is valued at £4,660 per sq meter (£433 per sq foot).
The average size of a house on MELFORD ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Southwell Grove Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Granleigh Road |
| Jan 2024 | Anti-social behaviour | On or near Granleigh Road | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Granleigh Road |
| Jan 2024 | Anti-social behaviour | On or near Granleigh Road |