£140,432
This estimated value is based upon the latest sale price for the house of £118,750 on 10 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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124 Whitechapel Road, Aldgate, E1 1JE
Phone: 02081154030
| Price Paid | Date |
|---|---|
| £118,750 | 10 Sep 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £118,750 results in an estimated price of approximately £140,432.
| 10 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £118,750 | £21,682 | £140,432 |
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 | -24.392 % | £-28,965 | £89,784 |
| 3 Month Average | -23.998 % | £-28,497 | £90,252 |
| 6 Month Average | -8.077 % | £-9,591 | £109,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £160,979 | £160,000 | FLAT 23 121 NEW ROAD |
| 26 Aug 2022 | £1,072,752 | £1,080,000 | 60 PARFETT STREET |
| 10 Dec 2021 | £1,333,814 | £1,250,000 | 22 PARFETT STREET |
| 29 Jun 2021 | £641,155 | £600,000 | FLAT 2 1 FEATHER MEWS |
| 9 Apr 2021 | £697,264 | £620,000 | 34 MOUNT TERRACE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 7 Oct 2019. Using an estimated price of £140,432 means this house is valued at £2,507 per sq meter (£232 per sq foot).
The average size of a house on NEW ROAD is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Vine Court |
| Apr 2024 | Other theft | Under investigation | On or near Vine Court |
| Mar 2024 | Theft from the person | Under investigation | On or near Vine Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vine Court |
| Feb 2024 | Public order | Under investigation | On or near Vine Court |