£362,085
This estimated value is based upon the latest sale price for the house of £208,000 on 1 Jul 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
Price Paid | Date |
---|---|
£208,000 | 1 Jul 2011 |
£228,750 | 30 Jun 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 July 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £208,000 results in an estimated price of approximately £362,085.
1 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.080 % | £208,000 | £154,085 | £362,085 |
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 | 28.575 % | £59,435 | £267,435 |
3 Month Average | 52.497 % | £109,194 | £317,194 |
6 Month Average | 68.297 % | £142,058 | £350,058 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2023 | £348,519 | £342,000 | FLAT 3 BRECON HOUSE, 11 ORDELL ROAD |
21 Mar 2023 | £447,473 | £440,000 | FLAT 7 BRECON HOUSE, 11 ORDELL ROAD |
9 Jan 2023 | £401,072 | £400,000 | FLAT 10 TOWERGATE HOUSE, 28 ORDELL ROAD |
29 Oct 2021 | £345,547 | £310,000 | FLAT 3 TOWERGATE HOUSE, 28 ORDELL ROAD |
13 Oct 2021 | £213,180 | £191,250 | FLAT 12 TOWERGATE HOUSE, 28 ORDELL ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 20 Jan 2021. Using an estimated price of £362,086 means this house is valued at £7,543 per sq meter (£700 per sq foot).
The average size of a house on ORDELL ROAD is 63 sq meters (679 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ordell Road |
Apr 2024 | Public order | Under investigation | On or near Ordell Road |