£487,419
This estimated value is based upon the latest sale price for the house of £331,500 on 29 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Ebb Court, Albert Basin Way, E16 2QN
Phone: 02035447217
Price Paid | Date |
---|---|
£331,500 | 29 May 2015 |
£361,000 | 9 Mar 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £331,500 results in an estimated price of approximately £487,419.
29 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 149.7 | 47.034 % | £331,500 | £155,919 | £487,419 |
The Postcode Pricing Model uses changes in average sales price within the E16 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 | 65.257 % | £216,326 | £547,826 |
3 Month Average | 17.509 % | £58,040 | £389,540 |
6 Month Average | 24.836 % | £82,332 | £413,832 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2022 | £310,792 | £311,000 | FLAT 302 THE MAST, 2 ALBERT BASIN WAY |
6 Jul 2018 | £468,161 | £375,000 | FLAT 502 THE MAST, 2 ALBERT BASIN WAY |
19 Jan 2018 | £480,446 | £380,000 | FLAT 506 LATITUDE COURT, 3 ALBERT BASIN WAY |
16 Aug 2017 | £391,524 | £306,000 | FLAT 403 LATITUDE COURT, 3 ALBERT BASIN WAY |
4 Aug 2017 | £441,424 | £345,000 | FLAT 602 LATITUDE COURT, 3 ALBERT BASIN WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 24 Oct 2014. Using an estimated price of £487,419 means this house is valued at £6,169 per sq meter (£573 per sq foot).
The average size of a house on ALBERT BASIN WAY is 77 sq meters (834 sq feet).