£614,559
This estimated value is based upon the latest sale price for the house of £430,000 on 2 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
Price Paid | Date |
---|---|
£430,000 | 2 Sep 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 777 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 September 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £430,000 results in an estimated price of approximately £614,559.
2 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £430,000 | £184,559 | £614,559 |
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 | -8.471 % | £-36,424 | £393,575 |
3 Month Average | 1.629 % | £7,003 | £437,003 |
6 Month Average | 10.061 % | £43,261 | £473,261 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £330,145 | £320,000 | 15 DUCAINE APARTMENTS MERCHANT STREET |
20 Oct 2023 | £613,944 | £600,000 | FLAT 1 5A MERCHANT STREET |
20 Oct 2023 | £588,363 | £575,000 | FLAT 2 5A MERCHANT STREET |
13 Oct 2023 | £337,669 | £330,000 | 17 SAUNDERS APARTMENTS MERCHANT STREET |
13 Oct 2023 | £338,692 | £331,000 | 30 SAUNDERS APARTMENTS MERCHANT STREET |
This house has a floor area of 72 sq meters or 777 sq feet when measured on 11 Dec 2008. Using an estimated price of £614,559 means this house is valued at £8,509 per sq meter (£790 per sq foot).
The average size of a house on MERCHANT STREET is 61 sq meters (665 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Merchant Street |
Apr 2024 | Anti-social behaviour | On or near Merchant Street | |
Apr 2024 | Anti-social behaviour | On or near Merchant Street | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Merchant Street |
Apr 2024 | Anti-social behaviour | On or near Merchant Street |