£347,196
This estimated value is based upon the latest sale price for the house of £350,000 on 2 Sep 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 The Green, London, E4 7ES
Phone: 02081152074
| Price Paid | Date |
|---|---|
| £350,000 | 2 Sep 2022 |
| £265,000 | 16 Jul 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2022 the House Price Index for GREATER LONDON was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £350,000 results in an estimated price of approximately £347,196.
| 2 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £350,000 | £-2,803 | £347,196 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | -2.522 % | £-8,827 | £341,172 |
| 3 Month Average | -37.842 % | £-132,448 | £217,551 |
| 6 Month Average | -8.154 % | £-28,537 | £321,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £286,745 | £282,500 | FLAT 5 LEA COURT, 79 THE RIDGEWAY |
| 28 Apr 2023 | £348,755 | £345,000 | FLAT 11 LEA COURT, 79 THE RIDGEWAY |
| 2 Sep 2022 | £347,196 | £350,000 | FLAT 9 LEA COURT, 79 THE RIDGEWAY |
| 1 Aug 2022 | £275,758 | £276,500 | FLAT 33 LEA COURT, 79 THE RIDGEWAY |
| 28 Jan 2022 | £1,226,055 | £1,165,000 | 64 THE RIDGEWAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Apr 2015. Using an estimated price of £347,196 means this house is valued at £5,511 per sq meter (£511 per sq foot).
The average size of a house on THE RIDGEWAY is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenbank Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Greenbank Close |