£552,938
This estimated value is based upon the latest sale price for the house of £324,950 on 21 Dec 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 The Green, London, E4 7ES
Phone: 02081152074
| Price Paid | Date |
|---|---|
| £324,950 | 21 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,104 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in December 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.161%.Applying this 70.161% change to the original purchase price of £324,950 results in an estimated price of approximately £552,938.
| 21 Dec 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.161 % | £324,950 | £227,988 | £552,938 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | -35.063 % | £-113,937 | £211,012 |
| 3 Month Average | 31.116 % | £101,111 | £426,061 |
| 6 Month Average | 74.753 % | £242,910 | £567,860 |
This house has a floor area of 102 sq meters or 1,104 sq feet when measured on 27 Feb 2012.
The average size of a house on KING GEORGE WAY is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King George Way |
| Feb 2024 | Drugs | Local resolution | On or near Powell Drive |
| Dec 2023 | Other crime | Under investigation | On or near Powell Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Baden Drive |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Cornwall Place |