£373,750
This estimated value is based upon the latest sale price for the house of £300,000 on 30 Apr 2019. 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 |
---|---|
£300,000 | 30 Apr 2019 |
£192,000 | 4 Jan 2007 |
£153,950 | 18 Jan 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £300,000 results in an estimated price of approximately £373,750.
30 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £300,000 | £73,750 | £373,750 |
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 | -6.028 % | £-18,084 | £281,915 |
3 Month Average | -19.426 % | £-58,278 | £241,721 |
6 Month Average | -6.142 % | £-18,425 | £281,574 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2023 | £535,736 | £525,000 | FLAT 4 24 FAIRFIELD ROAD |
24 Mar 2023 | £808,502 | £795,000 | 8 FAIRFIELD ROAD |
26 Aug 2022 | £232,085 | £231,000 | FLAT 16 JARRET HOUSE, 98 BOW ROAD |
5 Jul 2022 | £444,453 | £440,000 | FLAT 10 3 FAIRFIELD ROAD |
12 Jan 2022 | £543,352 | £512,500 | FLAT 1 3 FAIRFIELD ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 14 Jul 2014. Using an estimated price of £373,750 means this house is valued at £9,115 per sq meter (£846 per sq foot).
The average size of a house on PATON CLOSE is 61 sq meters (666 sq feet).