£459,837
This estimated value is based upon the latest sale price for the house of £371,995 on 3 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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121 Richmond Road, Hackney, E8 3NJ
Phone: 02045163511
Price Paid | Date |
---|---|
£371,995 | 3 May 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £371,995 results in an estimated price of approximately £459,837.
3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £371,995 | £87,842 | £459,837 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | 11.411 % | £42,447 | £414,442 |
3 Month Average | -13.941 % | £-51,858 | £320,136 |
6 Month Average | -2.522 % | £-9,382 | £362,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £759,714 | £750,000 | FLAT 1 10 ELLINGFORT ROAD |
1 Aug 2023 | £756,619 | £750,000 | FLAT 6 10A ELLINGFORT ROAD |
14 Jul 2023 | £544,833 | £537,500 | FLAT 15 32 LONDON LANE |
18 Jul 2022 | £782,105 | £780,000 | 48 MARTELLO STREET |
15 Jul 2022 | £992,672 | £990,000 | 8 LONDON LANE COURT LONDON LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 20 Mar 2019. Using an estimated price of £459,837 means this house is valued at £6,476 per sq meter (£601 per sq foot).
The average size of a house on LONDON LANE is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near London Lane | |
Apr 2024 | Vehicle crime | Under investigation | On or near London Lane |
Apr 2024 | Robbery | Under investigation | On or near London Lane |
Apr 2024 | Vehicle crime | Under investigation | On or near London Lane |
Apr 2024 | Anti-social behaviour | On or near London Lane |