£696,803
This estimated value is based upon the latest sale price for the house of £450,000 on 6 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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81 Station Road, London, E4 7BU
Phone: 02036419973
Price Paid | Date |
---|---|
£450,000 | 6 Jun 2014 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £450,000 results in an estimated price of approximately £696,803.
6 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £450,000 | £246,803 | £696,803 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | 24.386 % | £109,735 | £559,735 |
3 Month Average | 61.386 % | £276,236 | £726,236 |
6 Month Average | 51.960 % | £233,821 | £683,821 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £634,752 | £625,000 | 31 STANLEY ROAD |
12 Dec 2023 | £337,882 | £327,500 | 10 CART LANE |
5 Oct 2023 | £404,180 | £395,000 | FLAT 6 137 BERESFORD ROAD |
15 Sep 2023 | £536,834 | £525,000 | 30 GARFIELD ROAD |
1 Sep 2023 | £603,299 | £590,000 | 41 STANLEY ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 30 Apr 2014. Using an estimated price of £696,804 means this house is valued at £6,277 per sq meter (£583 per sq foot).
The average size of a house on GARFIELD ROAD is 96 sq meters (1,036 sq feet).