£409,724
This estimated value is based upon the latest sale price for the house of £331,250 on 1 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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11 Burford Road, Stratford, E15 2ST
Phone: 02080334809
| Price Paid | Date |
|---|---|
| £331,250 | 1 Aug 2018 |
| £195,950 | 24 Feb 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 497 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £331,250 results in an estimated price of approximately £409,724.
| 1 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £331,250 | £78,474 | £409,724 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 69.922 % | £231,618 | £562,868 |
| 3 Month Average | 17.470 % | £57,869 | £389,119 |
| 6 Month Average | 7.551 % | £25,013 | £356,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £320,749 | £316,000 | FLAT 28 105 WISE ROAD |
| 29 Sep 2023 | £415,310 | £410,000 | FLAT 17 105 WISE ROAD |
| 8 Sep 2023 | £405,181 | £400,000 | FLAT 22 105 WISE ROAD |
| 30 Jan 2019 | £382,960 | £310,000 | FLAT 7 1 RICK ROBERTS WAY |
| 9 Nov 2018 | £545,894 | £443,000 | FLAT 29 1 RICK ROBERTS WAY |
This house has a floor area of 46 sq meters or 497 sq feet when measured on 15 Nov 2011. Using an estimated price of £409,724 means this house is valued at £8,868 per sq meter (£823 per sq foot).
The average size of a house on RICK ROBERTS WAY is 62 sq meters (672 sq feet).