£427,227
This estimated value is based upon the latest sale price for the house of £340,000 on 8 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Sterling House, Fulbourne Road, London, E17 4EE
Phone: 02081154908
| Price Paid | Date |
|---|---|
| £340,000 | 8 May 2018 |
| Terraced |
| Freehold |
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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £340,000 results in an estimated price of approximately £427,227.
| 8 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £340,000 | £87,227 | £427,227 |
The Postcode Pricing Model uses changes in average sales price within the RM5 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 | 28.662 % | £97,449 | £437,449 |
| 3 Month Average | 24.053 % | £81,780 | £421,780 |
| 6 Month Average | 16.609 % | £56,471 | £396,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £669,472 | £665,000 | 6 GRANTOCK ROAD |
| 23 Jan 2023 | £596,594 | £595,000 | 31 GRANTOCK ROAD |
| 22 Feb 2022 | £316,937 | £300,000 | 78 BELLE VUE ROAD |
| 4 Feb 2022 | £554,640 | £525,000 | 16 GRANTOCK ROAD |
| 30 Sep 2021 | £635,112 | £585,050 | 59 CARNANTON ROAD |