£290,611
This estimated value is based upon the latest sale price for the house of £172,000 on 11 Apr 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
| Price Paid | Date |
|---|---|
| £172,000 | 11 Apr 2013 |
| £155,000 | 27 Aug 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 April 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £172,000 results in an estimated price of approximately £290,611.
| 11 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £172,000 | £118,611 | £290,611 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 132.879 % | £228,551 | £400,551 |
| 3 Month Average | 128.066 % | £220,273 | £392,273 |
| 6 Month Average | 120.641 % | £207,502 | £379,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £461,171 | £447,000 | 5 BISHOPS CLOSE |
| 6 Dec 2023 | £477,162 | £462,500 | 2 LEYBURN CLOSE |
| 27 Oct 2023 | £900,451 | £880,000 | 15 RAVENSWOOD ROAD |
| 5 Oct 2023 | £455,342 | £445,000 | 3 BISHOPS CLOSE |
| 14 Sep 2023 | £325,935 | £318,750 | 12 BISHOPS CLOSE |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 16 Nov 2012. Using an estimated price of £290,612 means this house is valued at £8,072 per sq meter (£749 per sq foot).
The average size of a house on SUMMIT ROAD is 58 sq meters (629 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (387 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summit Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summit Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Trelawny Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Trelawny Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Trelawny Close |