£464,265
This estimated value is based upon the latest sale price for the house of £450,000 on 22 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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135 Leman Street, Aldgate, London, E1 8EY
Phone: 02034637538
Price Paid | Date |
---|---|
£450,000 | 22 Dec 2023 |
£335,000 | 27 Apr 2012 |
£365,000 | 18 Sep 2007 |
£109,500 | 3 Oct 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 December 2023 the House Price Index for GREATER LONDON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £450,000 results in an estimated price of approximately £464,265.
22 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £450,000 | £14,265 | £464,265 |
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 | -21.930 % | £-98,686 | £351,313 |
3 Month Average | 19.196 % | £86,384 | £536,384 |
6 Month Average | 1.376 % | £6,194 | £456,194 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £407,539 | £404,000 | FLAT 28 1 PRESCOT STREET |
22 Dec 2023 | £464,266 | £450,000 | FLAT 16 1 PRESCOT STREET |
25 Aug 2020 | £543,574 | £450,000 | FLAT 46 1 PRESCOT STREET |
12 Aug 2020 | £724,765 | £600,000 | FLAT 112 1 PRESCOT STREET |
5 Nov 2019 | £849,423 | £687,500 | FLAT 11 1 PRESCOT STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 20 Jan 2012. Using an estimated price of £464,266 means this house is valued at £11,606 per sq meter (£1,078 per sq foot).
The average size of a house on PRESCOT STREET is 67 sq meters (730 sq feet).