£583,098
This estimated value is based upon the latest sale price for the house of £480,000 on 29 Jan 2020. 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 |
---|---|
£480,000 | 29 Jan 2020 |
£159,000 | 11 Feb 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £480,000 results in an estimated price of approximately £583,098.
29 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.0 | 21.479 % | £480,000 | £103,098 | £583,098 |
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 | -40.662 % | £-195,176 | £284,823 |
3 Month Average | -34.972 % | £-167,865 | £312,134 |
6 Month Average | -29.475 % | £-141,478 | £338,521 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2020 | £537,401 | £450,000 | FLAT 46 1 PRESCOT STREET |
12 Aug 2020 | £716,535 | £600,000 | FLAT 112 1 PRESCOT STREET |
29 Jan 2020 | £583,099 | £480,000 | FLAT 72 1 PRESCOT STREET |
5 Nov 2019 | £839,777 | £687,500 | FLAT 11 1 PRESCOT STREET |
24 Jul 2018 | £1,357,677 | £1,100,000 | FLAT 148 1 PRESCOT STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 7 Aug 2019. Using an estimated price of £583,099 means this house is valued at £9,718 per sq meter (£902 per sq foot).
The average size of a house on PRESCOT STREET is 67 sq meters (730 sq feet).