£371,244
This estimated value is based upon the latest sale price for the house of £250,000 on 3 Mar 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Wellington Road, E11 2AS
Phone: 02081285537
Price Paid | Date |
---|---|
£250,000 | 3 Mar 2015 |
£105,000 | 31 May 2000 |
£56,500 | 28 May 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £250,000 results in an estimated price of approximately £371,244.
3 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £250,000 | £121,244 | £371,244 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | 36.968 % | £92,420 | £342,420 |
3 Month Average | 37.580 % | £93,950 | £343,950 |
6 Month Average | 41.455 % | £103,636 | £353,636 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £440,537 | £427,000 | FLAT 9 NEWBURY COURT HERMON HILL |
24 Mar 2023 | £376,284 | £370,000 | FLAT 11 CLOCK COURT VICTORY ROAD |
20 Mar 2023 | £416,963 | £410,000 | FLAT 4 THE GREAT HALL VICTORY ROAD |
8 Feb 2022 | £297,393 | £281,500 | FLAT 41 CLOCK COURT VICTORY ROAD |
14 Jan 2022 | £392,273 | £370,000 | FLAT 14 DICKENS COURT, 3 MAKEPEACE ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 9 Sep 2014. Using an estimated price of £371,245 means this house is valued at £7,898 per sq meter (£733 per sq foot).
The average size of a house on VICTORY ROAD is 63 sq meters (679 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Nelson Road |