£418,924
This estimated value is based upon the latest sale price for the house of £162,000 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
Price Paid | Date |
---|---|
£162,000 | 29 Nov 2002 |
£42,000 | 31 Oct 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 92 sq meters or 990 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 2002 the House Price Index for GREATER LONDON was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £162,000 results in an estimated price of approximately £418,924.
29 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 149.7 | 158.595 % | £162,000 | £256,924 | £418,924 |
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 | 93.453 % | £151,393 | £313,393 |
3 Month Average | 114.038 % | £184,740 | £346,740 |
6 Month Average | 150.492 % | £243,796 | £405,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £423,487 | £415,000 | 4 LAWRENCE CLOSE |
19 Jun 2023 | £464,305 | £455,000 | FLAT 22 MARINA COURT ALFRED STREET |
29 Mar 2022 | £255,764 | £245,000 | FLAT 7 MARINA COURT ALFRED STREET |
24 Mar 2022 | £93,536 | £89,600 | HALESWORTH COURT, 7 ALFRED STREET |
14 Mar 2022 | £393,563 | £377,000 | FLAT 18 WILLIAMS HOUSE ALFRED STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 Nov 2013. Using an estimated price of £418,924 means this house is valued at £4,553 per sq meter (£423 per sq foot).
The average size of a house on WHITTON WALK is 84 sq meters (908 sq feet).