£440,548
This estimated value is based upon the latest sale price for the house of £350,000 on 7 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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53 Chatsworth Road, London, E5 0LH
Phone: 02080225553
| Price Paid | Date |
|---|---|
| £350,000 | 7 Feb 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £350,000 results in an estimated price of approximately £440,548.
| 7 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £350,000 | £90,548 | £440,548 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | -39.145 % | £-137,008 | £212,991 |
| 3 Month Average | 4.196 % | £14,684 | £364,684 |
| 6 Month Average | 12.061 % | £42,213 | £392,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £666,929 | £650,000 | 181 HOMERTON HIGH STREET |
| 24 Aug 2023 | £1,059,102 | £1,040,000 | 2 RODING ROAD |
| 20 Feb 2023 | £931,221 | £925,000 | 8 GLYN ROAD |
| 28 Jul 2022 | £1,035,375 | £1,025,000 | 44 RODING ROAD |
| 16 Jun 2022 | £572,232 | £560,000 | 60B RODING ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 9 Feb 2016. Using an estimated price of £440,548 means this house is valued at £7,728 per sq meter (£718 per sq foot).
The average size of a house on HOMERTON HIGH STREET is 67 sq meters (721 sq feet).