£331,527
This estimated value is based upon the latest sale price for the house of £266,500 on 14 Sep 2018. 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 |
---|---|
£266,500 | 14 Sep 2018 |
£380,000 | 25 Jun 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £266,500 results in an estimated price of approximately £331,527.
14 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £266,500 | £65,027 | £331,527 |
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 | -14.269 % | £-38,027 | £228,472 |
3 Month Average | -9.622 % | £-25,641 | £240,858 |
6 Month Average | 15.970 % | £42,560 | £309,060 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £526,168 | £510,000 | FLAT 5 1 MENAI PLACE |
19 Oct 2023 | £690,687 | £675,000 | 46 BLONDIN STREET |
24 Mar 2023 | £355,944 | £350,000 | FLAT 6 OLYMPIAN COURT, 720 WICK LANE |
4 Jul 2022 | £171,721 | £170,000 | FLAT 14 MATCH COURT, 5 BLONDIN STREET |
1 May 2022 | £462,037 | £450,000 | FLAT 11 1 MENAI PLACE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 28 Feb 2018. Using an estimated price of £331,528 means this house is valued at £6,765 per sq meter (£628 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 |