£278,418
This estimated value is based upon the latest sale price for the house of £147,000 on 7 Jan 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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257 Bethnal Green Road, Bethnal Green, London, E2 6AH
Phone: 02034639983
Price Paid | Date |
---|---|
£147,000 | 7 Jan 2005 |
£73,000 | 3 Nov 1999 |
£53,000 | 16 Jun 1999 |
£42,000 | 27 Nov 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 January 2005 the House Price Index for GREATER LONDON was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £147,000 results in an estimated price of approximately £278,418.
7 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.0 | 149.7 | 89.400 % | £147,000 | £131,418 | £278,418 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 193.313 % | £284,169 | £431,169 |
3 Month Average | 152.198 % | £223,731 | £370,731 |
6 Month Average | 142.440 % | £209,387 | £356,387 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2022 | £691,933 | £685,000 | 180 VALLANCE ROAD |
2 Nov 2020 | £764,998 | £655,000 | 172 VALLANCE ROAD |
28 Aug 2020 | £905,957 | £750,000 | FLAT 401 VEGA HOUSE, 17 HEMMING STREET |
10 Aug 2020 | £507,336 | £420,000 | FLAT 405 SIRUS HOUSE, 11 HEMMING STREET |
9 Jul 2020 | £803,981 | £660,000 | FLAT 604 SIRUS HOUSE, 11 HEMMING STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 28 Jan 2018. Using an estimated price of £278,418 means this house is valued at £6,960 per sq meter (£646 per sq foot).
The average size of a house on MENOTTI STREET is 59 sq meters (638 sq feet).