£591,361
This estimated value is based upon the latest sale price for the house of £350,000 on 8 Apr 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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331 Mare Street, Hackney, London, E8 1HY
Phone: 02080225555
Price Paid | Date |
---|---|
£350,000 | 8 Apr 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,015 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 April 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £350,000 results in an estimated price of approximately £591,361.
8 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.960 % | £350,000 | £241,361 | £591,361 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | 55.294 % | £193,528 | £543,528 |
3 Month Average | 89.605 % | £313,617 | £663,617 |
6 Month Average | 74.533 % | £260,864 | £610,864 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £470,369 | £460,000 | FLAT 115 HALLMARK COURT, 6 URSULA GOULD WAY |
28 Feb 2023 | £234,567 | £233,000 | FLAT 1 1A BRETT ROAD |
28 Feb 2023 | £271,816 | £270,000 | FLAT 2 1A BRETT ROAD |
11 Nov 2022 | £506,631 | £509,000 | FLAT 27 QUESTED COURT BRETT ROAD |
28 Sep 2022 | £27,482 | £27,500 | 411 MARE STREET |
This house has a floor area of 94 sq meters or 1,015 sq feet when measured on 20 Sep 2011. Using an estimated price of £591,361 means this house is valued at £6,269 per sq meter (£582 per sq foot).
The average size of a house on GOULD TERRACE is 69 sq meters (746 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,015 sq feet).