£317,903
This estimated value is based upon the latest sale price for the house of £180,000 on 8 Mar 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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488 Bethnal Green Road, London, E2 0EA
Phone: 02080339016
| Price Paid | Date |
|---|---|
| £180,000 | 8 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2006 the House Price Index for GREATER LONDON was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £180,000 results in an estimated price of approximately £317,903.
| 8 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £180,000 | £137,903 | £317,903 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 180.437 % | £324,786 | £504,786 |
| 3 Month Average | 109.300 % | £196,740 | £376,740 |
| 6 Month Average | 149.173 % | £268,510 | £448,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £1,015,027 | £1,000,000 | 465A BETHNAL GREEN ROAD |
| 31 Mar 2023 | £14,148,295 | £14,015,000 | 490 - 492 BETHNAL GREEN ROAD |
| 3 Feb 2023 | £399,731 | £400,000 | FLAT 19 NORDEN HOUSE POTT STREET |
| 10 Jan 2022 | £593,558 | £564,000 | FLAT 705 CITY VIEW HOUSE, 463 BETHNAL GREEN ROAD |
| 1 Dec 2021 | £543,724 | £507,500 | FLAT 106 CITY VIEW HOUSE, 463 BETHNAL GREEN ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 19 May 2020. Using an estimated price of £317,903 means this house is valued at £5,887 per sq meter (£546 per sq foot).
The average size of a house on POTT STREET is 59 sq meters (640 sq feet).