£535,286
This estimated value is based upon the latest sale price for the house of £146,000 on 28 Nov 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Wellington Road, E11 2AS
Phone: 02081285537
Price Paid | Date |
---|---|
£146,000 | 28 Nov 2000 |
£92,000 | 29 Aug 1997 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 November 2000 the House Price Index for GREATER LONDON was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £146,000 results in an estimated price of approximately £535,286.
28 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.8 | 149.7 | 266.635 % | £146,000 | £389,286 | £535,286 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | 302.618 % | £441,822 | £587,822 |
3 Month Average | 376.367 % | £549,495 | £695,495 |
6 Month Average | 364.342 % | £531,939 | £677,939 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £710,923 | £700,000 | 35 ELMCROFT AVENUE |
29 Sep 2023 | £423,332 | £414,000 | 18 CARLTON TERRACE NIGHTINGALE LANE |
23 Aug 2023 | £794,326 | £780,000 | 94 NIGHTINGALE LANE |
10 Feb 2023 | £829,541 | £824,000 | 8 WOODBURY CLOSE |
20 Oct 2022 | £1,096,338 | £1,100,000 | 45A GROSVENOR ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 30 Jan 2019. Using an estimated price of £535,287 means this house is valued at £6,014 per sq meter (£558 per sq foot).
The average size of a house on EAST WAY is 107 sq meters (1,159 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elderfield Walk |
Jul 2024 | Robbery | Awaiting court outcome | On or near Elderfield Walk |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elderfield Walk |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elderfield Walk |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanstead Road |