£567,248
This estimated value is based upon the latest sale price for the house of £480,000 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Oakwood House 414 -422 Hackney Road, Bethnal Green, London, E2 7SY
Phone: 02036414614
Price Paid | Date |
---|---|
£480,000 | 8 Oct 2020 |
£432,000 | 15 Jun 2015 |
£280,000 | 28 Nov 2011 |
£240,000 | 24 Jan 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 572 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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £480,000 results in an estimated price of approximately £567,248.
8 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £480,000 | £87,248 | £567,248 |
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 | 102.057 % | £489,872 | £969,872 |
3 Month Average | 20.922 % | £100,424 | £580,424 |
6 Month Average | 2.615 % | £12,550 | £492,550 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £715,779 | £700,000 | FLAT 27 BESFORD HOUSE PRITCHARDS ROAD |
30 Jan 2023 | £566,514 | £565,000 | FLAT 12 GILLMAN HOUSE PRITCHARDS ROAD |
23 Jun 2022 | £562,014 | £550,000 | FLAT 58 DINMONT HOUSE PRITCHARDS ROAD |
6 Jun 2022 | £434,283 | £425,000 | FLAT 47 BESFORD HOUSE PRITCHARDS ROAD |
13 May 2022 | £621,183 | £605,000 | FLAT 34 DINMONT HOUSE PRITCHARDS ROAD |
This house has a floor area of 53 sq meters or 572 sq feet when measured on 21 Jul 2011. Using an estimated price of £567,248 means this house is valued at £10,666 per sq meter (£990 per sq foot).
The average size of a house on PRITCHARDS ROAD is 61 sq meters (662 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Teale Street |