£392,689
This estimated value is based upon the latest sale price for the house of £240,000 on 7 Oct 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
Price Paid | Date |
---|---|
£240,000 | 7 Oct 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 2013 the House Price Index for GREATER LONDON was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £240,000 results in an estimated price of approximately £392,689.
7 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 148.6 | 63.621 % | £240,000 | £152,689 | £392,689 |
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 | 42.052 % | £100,924 | £340,924 |
3 Month Average | 35.422 % | £85,012 | £325,012 |
6 Month Average | 54.207 % | £130,095 | £370,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £303,885 | £300,000 | FLAT 16 WINGATE HOUSE BRUCE ROAD |
7 Sep 2023 | £314,015 | £310,000 | FLAT 29 CHAGFORD HOUSE TALWIN STREET |
14 Feb 2023 | £431,210 | £431,500 | FLAT 10 CHAGFORD HOUSE TALWIN STREET |
4 Nov 2022 | £454,495 | £460,000 | FLAT 9 NETHERCOTT HOUSE BRUCE ROAD |
22 Sep 2022 | £183,518 | £185,000 | FLAT 9 SOUTHCOTT HOUSE DEVONS ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 12 Jan 2012. Using an estimated price of £392,689 means this house is valued at £5,609 per sq meter (£521 per sq foot).
The average size of a house on RAINHILL WAY is 63 sq meters (680 sq feet).