£270,458
This estimated value is based upon the latest sale price for the house of £267,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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311 Commercial Road, London, E1 2PS
Phone: 02081156699
| Price Paid | Date |
|---|---|
| £267,000 | 15 Sep 2023 |
| £300,000 | 18 May 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £267,000 results in an estimated price of approximately £270,458.
| 15 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £267,000 | £3,458 | £270,458 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | -28.586 % | £-76,324 | £190,675 |
| 3 Month Average | -34.317 % | £-91,626 | £175,373 |
| 6 Month Average | -19.741 % | £-52,707 | £214,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £270,458 | £267,000 | FLAT 18 KERRY HOUSE SIDNEY STREET |
| 16 Aug 2023 | £285,498 | £283,000 | FLAT 25 KERRY HOUSE SIDNEY STREET |
| 14 Apr 2023 | £328,537 | £325,000 | FLAT 7 ZION HOUSE JUBILEE STREET |
| 31 Oct 2022 | £242,390 | £245,000 | FLAT 37 KERRY HOUSE SIDNEY STREET |
| 8 Sep 2022 | £327,356 | £330,000 | FLAT 12 SIEGE HOUSE SIDNEY STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 30 Aug 2014. Using an estimated price of £270,458 means this house is valued at £5,102 per sq meter (£474 per sq foot).
The average size of a house on SIDNEY STREET is 58 sq meters (630 sq feet).