£404,485
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 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £331,250 results in an estimated price of approximately £404,485.
| 1 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £331,250 | £73,235 | £404,485 |
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 | 46.354 % | £153,548 | £484,798 |
| 3 Month Average | 9.613 % | £31,843 | £363,093 |
| 6 Month Average | 5.625 % | £18,632 | £349,882 |
This house has a floor area of 46 sq meters or 497 sq feet when measured on 15 Nov 2011.
The average size of a house on RICK ROBERTS WAY is 62 sq meters (672 sq feet).