£278,154
This estimated value is based upon the latest sale price for the house of £174,000 on 28 Apr 2008. 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 |
---|---|
£174,000 | 28 Apr 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 April 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £174,000 results in an estimated price of approximately £278,154.
28 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 149.7 | 59.859 % | £174,000 | £104,154 | £278,154 |
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 | 39.272 % | £68,333 | £242,333 |
3 Month Average | 46.843 % | £81,507 | £255,507 |
6 Month Average | 54.595 % | £94,995 | £268,995 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 May 2024 | £157,500 | £157,500 | FLAT 11 35 NELSON WALK |
13 Dec 2023 | £470,456 | £456,000 | 7 OXLEY SQUARE |
16 Oct 2023 | £317,204 | £310,000 | FLAT 1 30 OXLEY SQUARE |
12 Apr 2023 | £407,624 | £400,000 | FLAT 27 STANBOROUGH HOUSE EMPSON STREET |
5 Aug 2022 | £477,232 | £475,000 | 27 OXLEY SQUARE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 21 Jan 2021. Using an estimated price of £278,154 means this house is valued at £4,151 per sq meter (£385 per sq foot).
The average size of a house on DEVAS STREET is 58 sq meters (634 sq feet).