£475,415
This estimated value is based upon the latest sale price for the house of £168,500 on 29 Jul 2002. 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 |
---|---|
£168,500 | 29 Jul 2002 |
£104,000 | 9 Sep 1999 |
£64,495 | 22 Mar 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 2002 the House Price Index for GREATER LONDON was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £168,500 results in an estimated price of approximately £475,415.
29 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 149.7 | 182.145 % | £168,500 | £306,915 | £475,415 |
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 | 100.133 % | £168,723 | £337,223 |
3 Month Average | 135.697 % | £228,649 | £397,149 |
6 Month Average | 160.646 % | £270,688 | £439,188 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £224,959 | £220,000 | FLAT 3 BENTLEY HOUSE, 21 WELLINGTON WAY |
9 Aug 2023 | £381,888 | £375,000 | FLAT 7 BENTLEY HOUSE, 21 WELLINGTON WAY |
2 Jun 2023 | £392,873 | £385,000 | FLAT 8 HEALEY HOUSE, 70 WELLINGTON WAY |
4 Jul 2022 | £388,897 | £385,000 | FLAT 5 FAIRMONT HOUSE, 60 WELLINGTON WAY |
29 Jun 2022 | £324,435 | £317,500 | FLAT 12 CRESTA HOUSE, 12 IRETON STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 13 Apr 2012. Using an estimated price of £475,415 means this house is valued at £9,142 per sq meter (£849 per sq foot).
The average size of a house on WELLINGTON WAY is 55 sq meters (597 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ireton Street |