£538,355
This estimated value is based upon the latest sale price for the house of £247,250 on 3 Dec 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Springwood Close
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
Price Paid | Date |
---|---|
£247,250 | 3 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 662 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 December 2003 the House Price Index for GREATER LONDON was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £247,250 results in an estimated price of approximately £538,355.
3 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.6 | 117.737 % | £247,250 | £291,105 | £538,355 |
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 | 100.757 % | £249,121 | £496,371 |
3 Month Average | 109.868 % | £271,647 | £518,897 |
6 Month Average | 142.196 % | £351,580 | £598,830 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £413,618 | £410,000 | FLAT 20 BOW CONNECTION, 85 FAIRFIELD ROAD |
16 Aug 2023 | £314,754 | £312,000 | FLAT 35 BOW CONNECTION, 85 FAIRFIELD ROAD |
16 Jun 2023 | £430,211 | £425,000 | FLAT 70 BOW CONNECTION, 85 FAIRFIELD ROAD |
9 Jan 2023 | £358,312 | £360,000 | FLAT 69 BOW CONNECTION, 85 FAIRFIELD ROAD |
22 Nov 2022 | £410,033 | £415,000 | FLAT 43 BOW CONNECTION, 85 FAIRFIELD ROAD |
This house has a floor area of 61 sq meters or 662 sq feet when measured on 21 Sep 2009. Using an estimated price of £538,356 means this house is valued at £8,742 per sq meter (£812 per sq foot).
The average size of a house on FAIRFIELD ROAD is 59 sq meters (642 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Springwood Close |
Apr 2024 | Burglary | Under investigation | On or near Springwood Close |
Feb 2024 | Shoplifting | Under investigation | On or near Springwood Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springwood Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Springwood Close |