£489,392
This estimated value is based upon the latest sale price for the house of £308,445 on 26 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
Price Paid | Date |
---|---|
£308,445 | 26 Jun 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 861 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 June 2007 the House Price Index for GREATER LONDON was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £308,445 results in an estimated price of approximately £489,392.
26 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £308,445 | £180,947 | £489,392 |
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 | 46.063 % | £142,078 | £450,523 |
3 Month Average | 45.123 % | £139,178 | £447,623 |
6 Month Average | 75.860 % | £233,987 | £542,432 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £289,283 | £285,000 | FLAT 6 CHRISTOPHER BELL TOWER, 1 PANCRAS WAY |
26 Aug 2022 | £468,738 | £470,000 | FLAT 4 CHRISTOPHER BELL TOWER, 1 PANCRAS WAY |
22 Jul 2022 | £350,945 | £350,000 | FLAT 20 CUTHBERT BELL TOWER, 4 PANCRAS WAY |
14 Dec 2020 | £387,353 | £337,500 | FLAT 20 FABIAN BELL TOWER, 2 PANCRAS WAY |
10 Jan 2020 | £512,890 | £420,500 | FLAT 23 FORTIUS APARTMENTS, 308 TREDEGAR ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Nov 2012. Using an estimated price of £489,393 means this house is valued at £6,117 per sq meter (£568 per sq foot).
The average size of a house on PANCRAS WAY is 66 sq meters (715 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Douro Street |