£300,441
This estimated value is based upon the latest sale price for the house of £153,000 on 23 Jul 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
Price Paid | Date |
---|---|
£153,000 | 23 Jul 2004 |
£135,000 | 20 Apr 2004 |
£40,500 | 6 Jan 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 July 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £153,000 results in an estimated price of approximately £300,441.
23 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £153,000 | £147,441 | £300,441 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 138.344 % | £211,666 | £364,666 |
3 Month Average | 172.703 % | £264,235 | £417,235 |
6 Month Average | 165.940 % | £253,887 | £406,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £347,664 | £340,000 | FLAT 6 16 PROSPECT HILL |
30 Jun 2023 | £346,953 | £340,000 | FLAT 17 POWELL COURT PROSPECT HILL |
23 Jun 2023 | £346,953 | £340,000 | FLAT 5 NEWTON HOUSE PROSPECT HILL |
28 Apr 2023 | £652,199 | £640,000 | 12 SHERNHALL STREET |
1 Mar 2023 | £332,554 | £327,000 | 54 CHURCH HILL ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 21 Feb 2018. Using an estimated price of £300,442 means this house is valued at £4,845 per sq meter (£450 per sq foot).
The average size of a house on PROSPECT HILL is 69 sq meters (743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Prospect Hill |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Prospect Hill |
Apr 2024 | Vehicle crime | Under investigation | On or near Prospect Hill |