£803,628
This estimated value is based upon the latest sale price for the house of £530,000 on 29 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
Price Paid | Date |
---|---|
£530,000 | 29 Sep 2014 |
£270,000 | 7 Jan 2011 |
£220,000 | 28 Nov 2003 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 630 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 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £530,000 results in an estimated price of approximately £803,628.
29 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £530,000 | £273,628 | £803,628 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 23.771 % | £125,986 | £655,986 |
3 Month Average | 37.651 % | £199,550 | £729,550 |
6 Month Average | 44.415 % | £235,399 | £765,399 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £350,383 | £345,000 | 71D ORFORD ROAD |
11 Oct 2023 | £879,986 | £860,000 | 3 EDEN ROAD |
1 Sep 2023 | £676,922 | £662,000 | 33 EDEN ROAD |
15 Jun 2023 | £734,724 | £720,000 | 13 RANDOLPH ROAD |
19 Apr 2023 | £339,347 | £333,000 | 71F ORFORD ROAD |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 17 Oct 2008. Using an estimated price of £803,629 means this house is valued at £13,723 per sq meter (£1,274 per sq foot).
The average size of a house on EDEN ROAD is 78 sq meters (849 sq feet).