£558,582
This estimated value is based upon the latest sale price for the house of £550,000 on 22 Mar 2024. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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133 Chimney Parade, E3 2GY
Phone: 02080330878
| Price Paid | Date |
|---|---|
| £550,000 | 22 Mar 2024 |
| £312,000 | 17 Apr 2013 |
| Leasehold |
| Floor Area: 76 sq meters or 827 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 March 2024 the House Price Index for GREATER LONDON was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £550,000 results in an estimated price of approximately £558,582.
| 22 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £550,000 | £8,582 | £558,582 |
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 | -23.288 % | £-128,082 | £421,917 |
| 3 Month Average | -11.653 % | £-64,089 | £485,910 |
| 6 Month Average | -6.782 % | £-37,303 | £512,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £554,818 | £550,000 | 220 OMEGA WORKS, 4 ROACH ROAD |
| 22 Mar 2024 | £558,582 | £550,000 | UNIT 408 OMEGA WORKS, 4 ROACH ROAD |
| 18 Mar 2024 | £446,866 | £440,000 | FLAT 105 ARDENS BUILDING, 7 WYKE ROAD |
| 20 Dec 2023 | £448,790 | £435,000 | FLAT 505 ARDENS BUILDING, 7 WYKE ROAD |
| 8 Dec 2023 | £660,289 | £640,000 | FLAT 303 LANTERNA COURT, 2 WYKE ROAD |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 16 Nov 2011. Using an estimated price of £558,582 means this house is valued at £7,262 per sq meter (£674 per sq foot).
The average size of a house on ROACH ROAD is 91 sq meters (980 sq feet).