£411,199
This estimated value is based upon the latest sale price for the house of £327,000 on 30 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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68 High Street Wanstead, London, E11 2RJ
Phone: 02034630449
Price Paid | Date |
---|---|
£327,000 | 30 Apr 2018 |
£184,000 | 10 Feb 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 540 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £327,000 results in an estimated price of approximately £411,199.
30 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £327,000 | £84,199 | £411,199 |
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 | 19.830 % | £64,843 | £391,843 |
3 Month Average | 18.402 % | £60,174 | £387,174 |
6 Month Average | 15.652 % | £51,181 | £378,181 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £532,085 | £520,000 | 16 ALDERS CLOSE |
28 Feb 2023 | £367,455 | £365,000 | 33 ALDERS CLOSE |
17 Sep 2021 | £242,082 | £223,000 | 47 ALDERS CLOSE |
10 Sep 2021 | £238,825 | £220,000 | 8 ALDERS CLOSE |
25 Jun 2021 | £286,430 | £265,000 | 100 BRADING CRESCENT |
This house has a floor area of 50 sq meters or 540 sq feet when measured on 14 Apr 2010. Using an estimated price of £411,200 means this house is valued at £8,194 per sq meter (£761 per sq foot).
The average size of a house on ALDERS CLOSE is 50 sq meters (538 sq feet).