£349,008
This estimated value is based upon the latest sale price for the house of £270,000 on 11 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
Price Paid | Date |
---|---|
£270,000 | 11 Apr 2017 |
£135,000 | 30 Jun 2004 |
£107,500 | 28 Mar 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 477 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £270,000 results in an estimated price of approximately £349,008.
11 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £270,000 | £79,008 | £349,008 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 13.679 % | £36,934 | £306,934 |
3 Month Average | 12.236 % | £33,037 | £303,037 |
6 Month Average | 14.149 % | £38,203 | £308,203 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £624,242 | £615,000 | 584 FOREST ROAD |
30 Jun 2023 | £344,169 | £340,000 | FLAT 17 POWELL COURT PROSPECT HILL |
20 Jun 2023 | £293,556 | £290,000 | FLAT 34 HALLINGBURY COURT, 644 FOREST ROAD |
31 Mar 2023 | £302,853 | £300,000 | FLAT 20 HALLINGBURY COURT, 644 FOREST ROAD |
2 Sep 2022 | £317,437 | £320,000 | FLAT 27 HALLINGBURY COURT, 644 FOREST ROAD |
This house has a floor area of 44 sq meters or 477 sq feet when measured on 15 Jun 2010. Using an estimated price of £349,008 means this house is valued at £7,862 per sq meter (£730 per sq foot).
The average size of a house on THE DRIVE is 71 sq meters (764 sq feet).