£256,385
This estimated value is based upon the latest sale price for the house of £255,000 on 10 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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51 Vicarage Lane, London, E15 4HG
Phone: 02080223215
| Price Paid | Date |
|---|---|
| £255,000 | 10 Mar 2023 |
| £255,000 | 22 May 2015 |
| £199,000 | 4 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £255,000 results in an estimated price of approximately £256,385.
| 10 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £255,000 | £1,385 | £256,385 |
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 | 15.214 % | £38,795 | £293,795 |
| 3 Month Average | 3.350 % | £8,541 | £263,541 |
| 6 Month Average | 7.389 % | £18,842 | £273,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £896,970 | £880,000 | 76 CARNARVON ROAD |
| 27 Jul 2023 | £464,393 | £460,000 | 70 MCGRATH ROAD |
| 15 Mar 2023 | £497,690 | £495,000 | 133 KEOGH ROAD |
| 10 Mar 2023 | £256,386 | £255,000 | 18 MCGRATH ROAD |
| 1 Jul 2022 | £367,004 | £367,500 | 48 MCGRATH ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 8 Sep 2014. Using an estimated price of £256,386 means this house is valued at £3,088 per sq meter (£286 per sq foot).
The average size of a house on MCGRATH ROAD is 106 sq meters (1,142 sq feet).