£751,567
This estimated value is based upon the latest sale price for the house of £735,000 on 4 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near New Road
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Duru House, 101 Commercial Road, London, E1 1RD
Phone: 02036417854
Price Paid | Date |
---|---|
£735,000 | 4 Sep 2023 |
£485,000 | 23 Jul 2012 |
£315,000 | 8 Oct 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 100 sq meters or 1,085 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 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £735,000 results in an estimated price of approximately £751,567.
4 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £735,000 | £16,567 | £751,567 |
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 | -3.167 % | £-23,274 | £711,725 |
3 Month Average | -14.265 % | £-104,851 | £630,148 |
6 Month Average | -3.751 % | £-27,571 | £707,428 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2024 | £1,000,000 | £1,000,000 | 183 COMMERCIAL ROAD |
23 Oct 2023 | £409,296 | £400,000 | 185 COMMERCIAL ROAD |
4 Sep 2023 | £751,568 | £735,000 | 15A NEW ROAD |
3 Feb 2023 | £187,251 | £186,000 | FLAT 25 14 UMBERSTON STREET |
26 Aug 2022 | £452,114 | £450,000 | FLAT 3 31 VARDEN STREET |
This house has a floor area of 100 sq meters or 1,085 sq feet when measured on 14 Mar 2012. Using an estimated price of £751,568 means this house is valued at £7,456 per sq meter (£692 per sq foot).
The average size of a house on NEW ROAD is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Under investigation | On or near New Road |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near New Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Hessel Street |
Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Hessel Street |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hessel Street |