£687,730
This estimated value is based upon the latest sale price for the house of £425,000 on 12 Nov 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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29-31 Greatorex Street, London, E1 5NP
Phone: 02036411475
Price Paid | Date |
---|---|
£425,000 | 12 Nov 2013 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 November 2013 the House Price Index for GREATER LONDON was 91.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 61.819%.Applying this 61.819% change to the original purchase price of £425,000 results in an estimated price of approximately £687,730.
12 Nov 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 148.0 | 61.819 % | £425,000 | £262,730 | £687,730 |
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 | 4.369 % | £18,566 | £443,566 |
3 Month Average | 2.004 % | £8,517 | £433,517 |
6 Month Average | 20.819 % | £88,482 | £513,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £412,228 | £410,000 | 16 DEAL STREET |
6 Sep 2022 | £666,889 | £675,000 | 196 WOODSEER STREET |
12 Aug 2022 | £442,013 | £445,000 | FLAT 302 ADA LEWIS COURT, 34 UNDERWOOD ROAD |
26 Apr 2022 | £671,795 | £655,000 | 160 WOODSEER STREET |
17 Feb 2022 | £720,678 | £690,000 | 190 WOODSEER STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Jun 2013. Using an estimated price of £687,731 means this house is valued at £8,386 per sq meter (£779 per sq foot).
The average size of a house on WOODSEER STREET is 59 sq meters (644 sq feet).