£426,344
This estimated value is based upon the latest sale price for the house of £250,000 on 3 May 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Old Montague Street, Brick Lane, London, E1 5NG
Phone: 02034636947
| Price Paid | Date |
|---|---|
| £250,000 | 3 May 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 May 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £250,000 results in an estimated price of approximately £426,344.
| 3 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £250,000 | £176,344 | £426,344 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | 29.601 % | £74,002 | £324,002 |
| 3 Month Average | 25.252 % | £63,130 | £313,130 |
| 6 Month Average | 48.550 % | £121,375 | £371,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £510,466 | £506,000 | FLAT 3 12 CASSON STREET |
| 31 Oct 2022 | £460,047 | £465,000 | FLAT 9 HUDSON BUILDING, 11 CHICKSAND STREET |
| 29 Jul 2022 | £501,350 | £500,000 | FLAT 42 CHICKSAND HOUSE CHICKSAND STREET |
| 20 Jul 2022 | £376,012 | £375,000 | FLAT 6 4 CHICKSAND STREET |
| 12 Jul 2022 | £591,592 | £590,000 | FLAT 17 HUDSON BUILDING, 11 CHICKSAND STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 14 Apr 2015. Using an estimated price of £426,344 means this house is valued at £7,105 per sq meter (£660 per sq foot).
The average size of a house on SPELMAN STREET is 67 sq meters (729 sq feet).