£408,587
This estimated value is based upon the latest sale price for the house of £288,000 on 24 Sep 2015. 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 |
|---|---|
| £288,000 | 24 Sep 2015 |
| £195,000 | 31 Aug 2010 |
| £189,000 | 5 Oct 2006 |
| £64,000 | 1 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £288,000 results in an estimated price of approximately £408,587.
| 24 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £288,000 | £120,587 | £408,587 |
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 | 35.839 % | £103,216 | £391,216 |
| 3 Month Average | 28.426 % | £81,867 | £369,867 |
| 6 Month Average | 36.441 % | £104,949 | £392,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £486,548 | £480,000 | 21 ALDERS CLOSE |
| 28 Feb 2023 | £364,755 | £365,000 | 33 ALDERS CLOSE |
| 1 Jun 2022 | £365,160 | £360,000 | 25 QUEENSWOOD GARDENS |
| 17 Sep 2021 | £240,303 | £223,000 | 47 ALDERS CLOSE |
| 10 Sep 2021 | £237,070 | £220,000 | 8 ALDERS CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 29 Apr 2020. Using an estimated price of £408,587 means this house is valued at £7,709 per sq meter (£716 per sq foot).
The average size of a house on ALDERS CLOSE is 50 sq meters (538 sq feet).