£499,989
This estimated value is based upon the latest sale price for the house of £400,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
| Price Paid | Date |
|---|---|
| £400,000 | 26 Jan 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £400,000 results in an estimated price of approximately £499,989.
| 26 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.0 | 24.997 % | £400,000 | £99,989 | £499,989 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | -12.088 % | £-48,350 | £351,649 |
| 3 Month Average | -12.577 % | £-50,307 | £349,692 |
| 6 Month Average | -14.672 % | £-58,688 | £341,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £519,918 | £515,000 | FLAT 705 BANBURY POINT, 1 CORDING STREET |
| 30 Jan 2023 | £520,429 | £525,000 | FLAT 702 BANBURY POINT, 1 CORDING STREET |
| 4 Jul 2022 | £395,466 | £396,000 | FLAT 604 LAMINGTON HEIGHTS, 8 MADEIRA STREET |
| 25 Mar 2022 | £510,879 | £495,000 | FLAT 405 LAMINGTON HEIGHTS, 8 MADEIRA STREET |
| 18 Oct 2021 | £564,780 | £512,500 | FLAT 1004 LAMINGTON HEIGHTS, 8 MADEIRA STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Jun 2018. Using an estimated price of £499,989 means this house is valued at £6,666 per sq meter (£619 per sq foot).
The average size of a house on MADEIRA STREET is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Cording Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cording Street |
| Mar 2024 | Theft from the person | Under investigation | On or near Cording Street |
| Jan 2024 | Anti-social behaviour | On or near Cording Street | |
| Jan 2024 | Anti-social behaviour | On or near Cording Street |