£339,384
This estimated value is based upon the latest sale price for the house of £68,000 on 9 Oct 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1a Thorpe Road, East Ham, E6 2HS
Phone: 02045052641
Price Paid | Date |
---|---|
£68,000 | 9 Oct 1997 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 October 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £68,000 results in an estimated price of approximately £339,384.
9 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.0 | 149.7 | 399.095 % | £68,000 | £271,384 | £339,384 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 455.996 % | £310,076 | £378,076 |
3 Month Average | 485.236 % | £329,960 | £397,960 |
6 Month Average | 494.130 % | £336,008 | £404,008 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2023 | £538,064 | £528,000 | 142 CAULFIELD ROAD |
15 Mar 2022 | £532,406 | £510,000 | 115 CAULFIELD ROAD |
11 Feb 2022 | £512,382 | £485,000 | 152 CLEMENTS ROAD |
9 Dec 2021 | £431,723 | £400,000 | 173 LATHOM ROAD |
28 Aug 2020 | £513,375 | £425,000 | 136 CLEMENTS ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 8 Jun 2021. Using an estimated price of £339,385 means this house is valued at £3,295 per sq meter (£306 per sq foot).
The average size of a house on CLEMENTS ROAD is 91 sq meters (988 sq feet).