£437,151
This estimated value is based upon the latest sale price for the house of £90,000 on 16 Jan 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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302-304 Mare Street, London, E8 1HA
Phone: 02077680385
Price Paid | Date |
---|---|
£90,000 | 16 Jan 1998 |
Terraced |
Freehold |
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 January 1998 the House Price Index for GREATER LONDON was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £90,000 results in an estimated price of approximately £437,151.
16 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 149.7 | 385.724 % | £90,000 | £347,151 | £437,151 |
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 | 475.333 % | £427,799 | £517,799 |
3 Month Average | 590.562 % | £531,505 | £621,505 |
6 Month Average | 571.265 % | £514,138 | £604,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £492,568 | £485,000 | FLAT 30 VALETTE HOUSE VALETTE STREET |
23 Nov 2023 | £1,282,557 | £1,250,000 | 27 HACKNEY GROVE |
8 Aug 2023 | £137,480 | £135,000 | HACKNEY TECHNOLOGY AND LEARNING CENTRE, 1 READING LANE |
27 Jun 2023 | £428,589 | £420,000 | FLAT 47 PITCAIRN HOUSE ST THOMAS'S SQUARE |
18 Nov 2022 | £632,045 | £635,000 | FLAT 12 50 HACON SQUARE |