£453,691
This estimated value is based upon the latest sale price for the house of £120,000 on 6 Jun 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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391 Mile End Road, Bow, E3 4QS
Phone: 02081661739
| Price Paid | Date |
|---|---|
| £120,000 | 6 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 June 2000 the House Price Index for GREATER LONDON was 39.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 278.076%.Applying this 278.076% change to the original purchase price of £120,000 results in an estimated price of approximately £453,691.
| 6 Jun 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 149.7 | 278.076 % | £120,000 | £333,691 | £453,691 |
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 | 160.981 % | £193,176 | £313,176 |
| 3 Month Average | 198.183 % | £237,819 | £357,819 |
| 6 Month Average | 247.493 % | £296,991 | £416,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £1,294,895 | £1,275,000 | 56 CLINTON ROAD |
| 14 Feb 2023 | £1,208,070 | £1,200,000 | 11 ALLOWAY ROAD |
| 8 Nov 2022 | £1,234,229 | £1,240,000 | 61 CLINTON ROAD |
| 30 Sep 2022 | £424,716 | £425,000 | FLAT 3 52 GROVE ROAD |
| 31 Mar 2022 | £657,678 | £630,000 | 11A LICHFIELD ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 26 Nov 2021. Using an estimated price of £453,691 means this house is valued at £10,311 per sq meter (£957 per sq foot).
The average size of a house on GROVE ROAD is 76 sq meters (822 sq feet).