£617,387
This estimated value is based upon the latest sale price for the house of £135,000 on 22 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
| Price Paid | Date |
|---|---|
| £135,000 | 22 Jan 1999 |
| £85,000 | 30 Jun 1995 |
| 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 January 1999 the House Price Index for GREATER LONDON was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £135,000 results in an estimated price of approximately £617,387.
| 22 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £135,000 | £482,387 | £617,387 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 211.180 % | £285,093 | £420,093 |
| 3 Month Average | 290.213 % | £391,786 | £526,786 |
| 6 Month Average | 348.872 % | £470,976 | £605,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £386,888 | £375,000 | FLAT 530 LEXINGTON BUILDING FAIRFIELD ROAD |
| 10 Nov 2023 | £533,544 | £520,000 | FLAT 416 LEXINGTON BUILDING FAIRFIELD ROAD |
| 27 Oct 2023 | £460,458 | £450,000 | FLAT 401 LEXINGTON BUILDING FAIRFIELD ROAD |
| 22 Aug 2023 | £595,745 | £585,000 | FLAT 106 LEXINGTON BUILDING FAIRFIELD ROAD |
| 7 Jun 2022 | £581,940 | £569,500 | FLAT 411 LEXINGTON BUILDING FAIRFIELD ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Mar 2018. Using an estimated price of £617,388 means this house is valued at £7,815 per sq meter (£726 per sq foot).
The average size of a house on FAIRFIELD ROAD is 59 sq meters (642 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Thomas Fyre Drive |
| Apr 2024 | Anti-social behaviour | On or near Thomas Fyre Drive | |
| Apr 2024 | Anti-social behaviour | On or near Thomas Fyre Drive | |
| Apr 2024 | Other theft | Under investigation | On or near Thomas Fyre Drive |
| Apr 2024 | Anti-social behaviour | On or near Thomas Fyre Drive |