£1,284,636
This estimated value is based upon the latest sale price for the house of £975,000 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 The Green, London, E4 7ES
Phone: 02081152074
| Price Paid | Date |
|---|---|
| £975,000 | 11 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 209 sq meters or 2,253 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £975,000 results in an estimated price of approximately £1,284,636.
| 11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £975,000 | £309,636 | £1,284,636 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | 5.134 % | £50,054 | £1,025,054 |
| 3 Month Average | -22.688 % | £-221,206 | £753,793 |
| 6 Month Average | 15.561 % | £151,722 | £1,126,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £286,745 | £282,500 | FLAT 5 LEA COURT, 79 THE RIDGEWAY |
| 30 Jun 2023 | £900,913 | £890,000 | 4 NEVIN DRIVE |
| 28 Apr 2023 | £348,755 | £345,000 | FLAT 11 LEA COURT, 79 THE RIDGEWAY |
| 2 Sep 2022 | £347,196 | £350,000 | FLAT 9 LEA COURT, 79 THE RIDGEWAY |
| 1 Aug 2022 | £275,758 | £276,500 | FLAT 33 LEA COURT, 79 THE RIDGEWAY |
This house has a floor area of 209 sq meters or 2,253 sq feet when measured on 21 Dec 2011. Using an estimated price of £1,284,636 means this house is valued at £6,136 per sq meter (£570 per sq foot).
The average size of a house on THE RIDGEWAY is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Nevin Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Nevin Drive |