£455,999
This estimated value is based upon the latest sale price for the house of £244,950 on 4 Mar 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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218a Brick Lane, London, E1 6SA
Phone: 02034639605
Price Paid | Date |
---|---|
£244,950 | 4 Mar 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £244,950 results in an estimated price of approximately £455,999.
4 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.160 % | £244,950 | £211,049 | £455,999 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 159.341 % | £390,305 | £635,255 |
3 Month Average | 102.762 % | £251,715 | £496,665 |
6 Month Average | 151.484 % | £371,059 | £616,009 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £580,151 | £570,000 | FLAT 1 19 CHESHIRE STREET |
25 Aug 2023 | £600,251 | £595,000 | FLAT 2 PORTRAIT PLACE, 40 BACON STREET |
28 Feb 2023 | £684,539 | £685,000 | FLAT 8 PORTRAIT PLACE, 40 BACON STREET |
21 Nov 2022 | £661,981 | £670,000 | FLAT 12 PORTRAIT PLACE, 40 BACON STREET |
7 Oct 2022 | £1,681,891 | £1,700,000 | 12 CHILTON STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 21 May 2014. Using an estimated price of £456,000 means this house is valued at £7,728 per sq meter (£718 per sq foot).
The average size of a house on BACON STREET is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bacon Street |
Apr 2024 | Anti-social behaviour | On or near Bacon Street | |
Mar 2024 | Anti-social behaviour | On or near Chilton Street | |
Mar 2024 | Anti-social behaviour | On or near Chilton Street | |
Feb 2024 | Anti-social behaviour | On or near Chilton Street |