£889,277
This estimated value is based upon the latest sale price for the house of £495,000 on 11 Sep 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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391 Mile End Road, Bow, E3 4QS
Phone: 02081661739
Price Paid | Date |
---|---|
£495,000 | 11 Sep 2009 |
£290,000 | 23 May 2000 |
£144,000 | 28 Nov 1996 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,031 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 September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £495,000 results in an estimated price of approximately £889,277.
11 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £495,000 | £394,277 | £889,277 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 40.209 % | £199,035 | £694,035 |
3 Month Average | 55.207 % | £273,273 | £768,273 |
6 Month Average | 71.259 % | £352,731 | £847,731 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £1,137,476 | £1,120,000 | 1 MORGAN STREET |
10 Oct 2023 | £1,110,215 | £1,085,000 | 24 ALLOWAY ROAD |
29 Sep 2023 | £996,978 | £975,000 | 18 ALLOWAY ROAD |
22 Sep 2023 | £961,189 | £940,000 | 15 ABERAVON ROAD |
29 Jun 2023 | £535,736 | £525,000 | 7C MORGAN STREET |
This house has a floor area of 95 sq meters or 1,031 sq feet when measured on 26 Jan 2009. Using an estimated price of £889,278 means this house is valued at £9,282 per sq meter (£862 per sq foot).
The average size of a house on ABERAVON ROAD is 100 sq meters (1,079 sq feet).