£432,837
This estimated value is based upon the latest sale price for the house of £350,000 on 1 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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311 Commercial Road, London, E1 2PS
Phone: 02081156699
| Price Paid | Date |
|---|---|
| £350,000 | 1 Apr 2019 |
| £234,500 | 30 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 809 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 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £350,000 results in an estimated price of approximately £432,837.
| 1 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £350,000 | £82,837 | £432,837 |
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 | -15.602 % | £-54,606 | £295,393 |
| 3 Month Average | -32.834 % | £-114,918 | £235,081 |
| 6 Month Average | -24.628 % | £-86,198 | £263,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £270,458 | £267,000 | FLAT 18 KERRY HOUSE SIDNEY STREET |
| 16 Aug 2023 | £285,498 | £283,000 | FLAT 25 KERRY HOUSE SIDNEY STREET |
| 14 Apr 2023 | £328,537 | £325,000 | FLAT 7 ZION HOUSE JUBILEE STREET |
| 11 Nov 2022 | £632,340 | £640,000 | 8 VINE COTTAGES SIDNEY SQUARE |
| 31 Oct 2022 | £242,390 | £245,000 | FLAT 37 KERRY HOUSE SIDNEY STREET |
This house has a floor area of 75 sq meters or 809 sq feet when measured on 20 Feb 2012. Using an estimated price of £432,838 means this house is valued at £5,755 per sq meter (£534 per sq foot).
The average size of a house on JUBILEE STREET is 69 sq meters (747 sq feet).