£621,893
This estimated value is based upon the latest sale price for the house of £400,000 on 18 Oct 2007. 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 |
|---|---|
| £400,000 | 18 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £400,000 results in an estimated price of approximately £621,893.
| 18 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £400,000 | £221,893 | £621,893 |
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 | 57.267 % | £229,067 | £629,067 |
| 3 Month Average | 45.624 % | £182,494 | £582,494 |
| 6 Month Average | 62.586 % | £250,343 | £650,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £353,329 | £350,000 | FLAT 6 OLYMPIAN COURT, 720 WICK LANE |
| 4 Jul 2022 | £170,459 | £170,000 | FLAT 14 MATCH COURT, 5 BLONDIN STREET |
| 1 May 2022 | £458,642 | £450,000 | FLAT 11 1 MENAI PLACE |
| 29 Apr 2022 | £1,014,352 | £985,000 | 15 DOURO STREET |
| 4 Jan 2022 | £434,118 | £412,500 | FLAT 9 2 MENAI PLACE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Jul 2012. Using an estimated price of £621,893 means this house is valued at £7,972 per sq meter (£740 per sq foot).
The average size of a house on WICK LANE is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Douro Street |
| Mar 2024 | Drugs | Under investigation | On or near Douro Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Douro Street |
| Mar 2024 | Other theft | Under investigation | On or near Blondin Street |
| Mar 2024 | Other theft | Under investigation | On or near Blondin Street |