£464,122
This estimated value is based upon the latest sale price for the house of £119,000 on 6 Mar 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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634-636 Mile End Road, London, E3 4PH
Phone: 02036414705
Price Paid | Date |
---|---|
£119,000 | 6 Mar 2000 |
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 March 2000 the House Price Index for GREATER LONDON was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £119,000 results in an estimated price of approximately £464,122.
6 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 149.7 | 290.019 % | £119,000 | £345,122 | £464,122 |
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 | 201.685 % | £240,004 | £359,004 |
3 Month Average | 243.530 % | £289,800 | £408,800 |
6 Month Average | 275.337 % | £327,651 | £446,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2022 | £444,453 | £440,000 | FLAT 4 52 TREDEGAR SQUARE |
8 Dec 2021 | £5,396,540 | £5,000,000 | 409 MILE END ROAD |
3 Dec 2021 | £512,671 | £475,000 | 421A MILE END ROAD |
26 Aug 2021 | £606,892 | £540,000 | 425 MILE END ROAD |
29 Jun 2020 | £9,760 | £8,000 | 640 MILE END ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 1 Mar 2013. Using an estimated price of £464,123 means this house is valued at £6,630 per sq meter (£615 per sq foot).
The average size of a house on MILE END ROAD is 115 sq meters (1,240 sq feet).