£309,934
This estimated value is based upon the latest sale price for the house of £60,000 on 19 May 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Gresham Road
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1a Thorpe Road, East Ham, E6 2HS
Phone: 02045052641
| Price Paid | Date |
|---|---|
| £60,000 | 19 May 1997 |
| £43,500 | 26 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 1997 the House Price Index for GREATER LONDON was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £60,000 results in an estimated price of approximately £309,934.
| 19 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £60,000 | £249,934 | £309,934 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 475.409 % | £285,245 | £345,245 |
| 3 Month Average | 526.734 % | £316,040 | £376,040 |
| 6 Month Average | 458.961 % | £275,376 | £335,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £430,211 | £425,000 | 40 TILBURY ROAD |
| 18 Nov 2022 | £484,136 | £490,000 | 20 FLANDERS ROAD |
| 1 Nov 2022 | £441,650 | £447,000 | 38 SOUTHCHURCH ROAD |
| 19 Oct 2022 | £296,804 | £300,000 | 28 TILBURY ROAD |
| 1 Jul 2022 | £483,802 | £482,500 | 38 GRESHAM ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 27 Feb 2014. Using an estimated price of £309,935 means this house is valued at £4,188 per sq meter (£389 per sq foot).
The average size of a house on FLANDERS ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gresham Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gresham Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gresham Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Gresham Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Gresham Road |