£243,221
This estimated value is based upon the latest sale price for the house of £44,000 on 25 Oct 1996. 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 |
---|---|
£44,000 | 25 Oct 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 76 sq meters or 818 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 October 1996 the House Price Index for GREATER LONDON was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £44,000 results in an estimated price of approximately £243,221.
25 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.1 | 149.7 | 452.776 % | £44,000 | £199,221 | £243,221 |
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 | 573.560 % | £252,366 | £296,366 |
3 Month Average | 666.203 % | £293,129 | £337,129 |
6 Month Average | 643.267 % | £283,037 | £327,037 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £408,273 | £402,000 | FLAT 19 GAITSKELL HOUSE THE DRIVE |
10 Nov 2023 | £631,018 | £615,000 | 584 FOREST ROAD |
30 Jun 2023 | £346,953 | £340,000 | FLAT 17 POWELL COURT PROSPECT HILL |
23 Jun 2023 | £346,953 | £340,000 | FLAT 5 NEWTON HOUSE PROSPECT HILL |
20 Jun 2023 | £295,930 | £290,000 | FLAT 34 HALLINGBURY COURT, 644 FOREST ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 27 Aug 2015. Using an estimated price of £243,222 means this house is valued at £3,200 per sq meter (£297 per sq foot).
The average size of a house on THE DRIVE is 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Under investigation | On or near Brantwood Close |
Apr 2024 | Anti-social behaviour | On or near Brantwood Close | |
Apr 2024 | Anti-social behaviour | On or near Brantwood Close | |
Apr 2024 | Anti-social behaviour | On or near Brantwood Close | |
Apr 2024 | Anti-social behaviour | On or near Brantwood Close |