£568,918
This estimated value is based upon the latest sale price for the house of £467,000 on 1 May 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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London, IG1 4AA
Phone: 02080330232
| Price Paid | Date |
|---|---|
| £467,000 | 1 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £467,000 results in an estimated price of approximately £568,918.
| 1 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £467,000 | £101,918 | £568,918 |
The Postcode Pricing Model uses changes in average sales price within the IG1 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 | -56.743 % | £-264,990 | £202,009 |
| 3 Month Average | 6.954 % | £32,472 | £499,472 |
| 6 Month Average | 17.836 % | £83,293 | £550,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £603,261 | £600,000 | 135 WELLESLEY ROAD |
| 31 May 2022 | £329,904 | £325,000 | 132 COVENTRY ROAD |
| 8 Apr 2022 | £565,128 | £551,000 | 220 WELLESLEY ROAD |
| 27 Sep 2021 | £574,184 | £535,000 | 122 COVENTRY ROAD |
| 12 Oct 2020 | £607,540 | £520,000 | 147 WELLESLEY ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 6 Feb 2020. Using an estimated price of £568,919 means this house is valued at £6,321 per sq meter (£587 per sq foot).
The average size of a house on COVENTRY ROAD is 103 sq meters (1,114 sq feet).