£580,638
This estimated value is based upon the latest sale price for the house of £470,000 on 28 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
| Price Paid | Date |
|---|---|
| £470,000 | 28 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £470,000 results in an estimated price of approximately £580,638.
| 28 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £470,000 | £110,638 | £580,638 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | -6.906 % | £-32,456 | £437,543 |
| 3 Month Average | 3.758 % | £17,663 | £487,663 |
| 6 Month Average | 10.593 % | £49,787 | £519,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £320,950 | £320,950 | FLAT 6 109 BRABAZON STREET |
| 10 Nov 2023 | £121,073 | £118,000 | FLAT 2 59 MORRIS ROAD |
| 1 Nov 2023 | £579,716 | £565,000 | FLAT 6 24 RIFLE STREET |
| 30 Jun 2022 | £385,235 | £377,000 | FLAT 304 CHORLEY COURT, 24 MADEIRA STREET |
| 5 May 2022 | £693,056 | £675,000 | UNIT 1A BLOCK B, 2 FAWE STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Aug 2020. Using an estimated price of £580,638 means this house is valued at £7,639 per sq meter (£709 per sq foot).
The average size of a house on FAWE STREET is 84 sq meters (907 sq feet).