£395,496
This estimated value is based upon the latest sale price for the house of £230,500 on 25 Sep 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
311 Commercial Road, London, E1 2PS
Phone: 02081156699
Price Paid | Date |
---|---|
£230,500 | 25 Sep 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 September 2006 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £230,500 results in an estimated price of approximately £395,496.
25 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.582 % | £230,500 | £164,996 | £395,496 |
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 | 109.394 % | £252,152 | £482,652 |
3 Month Average | 135.276 % | £311,810 | £542,310 |
6 Month Average | 132.431 % | £305,253 | £535,753 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £337,688 | £332,500 | FLAT 2A KERRY HOUSE SIDNEY STREET |
15 Sep 2023 | £273,018 | £267,000 | FLAT 18 KERRY HOUSE SIDNEY STREET |
16 Aug 2023 | £288,198 | £283,000 | FLAT 25 KERRY HOUSE SIDNEY STREET |
14 Apr 2023 | £331,195 | £325,000 | FLAT 7 ZION HOUSE JUBILEE STREET |
11 Nov 2022 | £637,021 | £640,000 | 8 VINE COTTAGES SIDNEY SQUARE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 31 Jan 2019. Using an estimated price of £395,496 means this house is valued at £5,006 per sq meter (£465 per sq foot).
The average size of a house on JUBILEE STREET is 69 sq meters (747 sq feet).