£321,517
This estimated value is based upon the latest sale price for the house of £189,000 on 27 Oct 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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488 Bethnal Green Road, London, E2 0EA
Phone: 02080339016
| Price Paid | Date |
|---|---|
| £189,000 | 27 Oct 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2010 the House Price Index for GREATER LONDON was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £189,000 results in an estimated price of approximately £321,517.
| 27 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £189,000 | £132,517 | £321,517 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 89.867 % | £169,848 | £358,848 |
| 3 Month Average | 48.067 % | £90,846 | £279,846 |
| 6 Month Average | 77.294 % | £146,084 | £335,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £631,855 | £622,500 | 47 SUNLIGHT SQUARE |
| 3 Feb 2023 | £399,731 | £400,000 | FLAT 19 NORDEN HOUSE POTT STREET |
| 29 Apr 2022 | £643,624 | £625,000 | 70 SUNLIGHT SQUARE |
| 29 Sep 2021 | £1,021,019 | £947,500 | 74 SUNLIGHT SQUARE |
| 17 Sep 2021 | £457,977 | £425,000 | 10 SUNLIGHT SQUARE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 9 Feb 2021. Using an estimated price of £321,518 means this house is valued at £6,066 per sq meter (£563 per sq foot).
The average size of a house on POTT STREET is 59 sq meters (640 sq feet).