£553,969
This estimated value is based upon the latest sale price for the house of £340,000 on 21 Mar 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Conrad House, 19 Wesley Avenue, London, E16 1TD
Phone: 02081157043
| Price Paid | Date |
|---|---|
| £340,000 | 21 Mar 2007 |
| £342,500 | 6 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 2007 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £340,000 results in an estimated price of approximately £553,969.
| 21 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £340,000 | £213,969 | £553,969 |
The Postcode Pricing Model uses changes in average sales price within the E16 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 | 117.655 % | £400,026 | £740,026 |
| 3 Month Average | 60.670 % | £206,278 | £546,278 |
| 6 Month Average | 63.770 % | £216,819 | £556,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £504,380 | £500,000 | FLAT 8 EASTERN QUAY APARTMENTS, 25 RAYLEIGH ROAD |
| 27 Oct 2023 | £378,599 | £370,000 | FLAT 10 MUNNINGS HOUSE, 1 PORTSMOUTH MEWS |
| 4 Jan 2023 | £370,991 | £370,000 | FLAT 5 JANE AUSTEN HALL, 21 WESLEY AVENUE |
| 3 Oct 2022 | £373,752 | £375,000 | FLAT 12 EASTERN QUAY APARTMENTS, 25 RAYLEIGH ROAD |
| 27 Jul 2022 | £358,593 | £355,000 | FLAT 7 JANE AUSTEN HALL, 21 WESLEY AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Jun 2021. Using an estimated price of £553,969 means this house is valued at £6,224 per sq meter (£578 per sq foot).
The average size of a house on RAYLEIGH ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Portsmouth Mews |
| Apr 2024 | Vehicle crime | Under investigation | On or near Portsmouth Mews |
| Jun 2024 | Drugs | Under investigation | On or near Southampton Mews |