£509,942
This estimated value is based upon the latest sale price for the house of £342,500 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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71-73 West Ham Lane, London, E15 4PH
Phone: 02080226331
Price Paid | Date |
---|---|
£342,500 | 27 Feb 2015 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £342,500 results in an estimated price of approximately £509,942.
27 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £342,500 | £167,442 | £509,942 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 37.438 % | £128,223 | £470,723 |
3 Month Average | 52.870 % | £181,078 | £523,578 |
6 Month Average | 50.896 % | £174,319 | £516,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Feb 2023 | £463,093 | £460,000 | 6 HUBBARD STREET |
23 Jan 2023 | £386,031 | £385,000 | 10 ABBEY ROAD |
5 Jan 2022 | £530,099 | £500,000 | 13 RAILWAY COTTAGES BAKERS ROW |
15 Mar 2021 | £543,854 | £485,000 | 94 ABBEY ROAD |
22 Sep 2020 | £520,334 | £435,000 | 98 ABBEY ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 6 Apr 2014. Using an estimated price of £509,942 means this house is valued at £7,967 per sq meter (£740 per sq foot).
The average size of a house on HUBBARD STREET is 96 sq meters (1,038 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Abbey Road |