£490,917
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Jul 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Apple Business Centre, 43A, Mile End Road, London, IG1 1NR
Phone: 02081289288
Price Paid | Date |
---|---|
£250,000 | 27 Jul 2004 |
£68,000 | 7 Feb 1996 |
£40,000 | 5 Jan 1996 |
Terraced |
Freehold |
Floor Area: 32 sq meters or 344 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 July 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £250,000 results in an estimated price of approximately £490,917.
27 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £250,000 | £240,917 | £490,917 |
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 | 175.858 % | £439,644 | £689,644 |
3 Month Average | 51.608 % | £129,020 | £379,020 |
6 Month Average | 69.787 % | £174,467 | £424,467 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £426,554 | £420,000 | 214 KINGSTON ROAD |
20 Nov 2023 | £485,319 | £473,000 | 142 WINDSOR ROAD |
22 Jul 2022 | £530,314 | £525,000 | 149 WINDSOR ROAD |
26 Nov 2021 | £473,941 | £435,000 | 179 GRANGE ROAD |
24 Aug 2021 | £561,931 | £499,995 | 198 WINDSOR ROAD |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 18 May 2019. Using an estimated price of £490,918 means this house is valued at £15,341 per sq meter (£1,425 per sq foot).
The average size of a house on WINDSOR ROAD is 97 sq meters (1,050 sq feet).