£359,764
This estimated value is based upon the latest sale price for the house of £187,000 on 7 Sep 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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257 Bethnal Green Road, Bethnal Green, London, E2 6AH
Phone: 02034639983
Price Paid | Date |
---|---|
£187,000 | 7 Sep 2004 |
£155,000 | 20 May 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £187,000 results in an estimated price of approximately £359,764.
7 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 149.7 | 92.387 % | £187,000 | £172,764 | £359,764 |
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 | 215.282 % | £402,578 | £589,578 |
3 Month Average | 163.774 % | £306,256 | £493,256 |
6 Month Average | 153.105 % | £286,305 | £473,305 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2023 | £267,503 | £262,500 | 51 FLORIDA STREET |
25 Nov 2022 | £424,017 | £426,000 | FLAT 24 ST JAMES COURT, 331 BETHNAL GREEN ROAD |
11 Feb 2022 | £422,583 | £400,000 | FLAT 7 WARING HOUSE BETHNAL GREEN ROAD |
8 Feb 2022 | £599,540 | £567,500 | FLAT 31 ST JAMES COURT, 331 BETHNAL GREEN ROAD |
16 Dec 2021 | £411,756 | £381,500 | FLAT 8 ST JAMES COURT, 331 BETHNAL GREEN ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 Feb 2021. Using an estimated price of £359,764 means this house is valued at £4,861 per sq meter (£451 per sq foot).
The average size of a house on POLLARD STREET is 77 sq meters (832 sq feet).