£716,849
This estimated value is based upon the latest sale price for the house of £620,000 on 14 Dec 2020. 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 |
---|---|
£620,000 | 14 Dec 2020 |
Freehold |
Floor Area: 63 sq meters or 678 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £620,000 results in an estimated price of approximately £716,849.
14 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £620,000 | £96,849 | £716,849 |
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 | 101.413 % | £628,758 | £1,248,758 |
3 Month Average | 51.525 % | £319,452 | £939,452 |
6 Month Average | 38.836 % | £240,781 | £860,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £859,351 | £845,000 | 299 MARE STREET |
17 Jan 2023 | £701,875 | £700,000 | 3 SYLVESTER ROAD |
20 Jul 2022 | £323,239 | £320,000 | FLAT 2 203 GRAHAM ROAD |
19 Jul 2022 | £909,109 | £900,000 | 2B SYLVESTER ROAD |
12 May 2022 | £600,648 | £585,000 | APARTMENT 24 COLONNADES APARTMENTS, 35 SYLVESTER ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 21 Feb 2020. Using an estimated price of £716,850 means this house is valued at £11,378 per sq meter (£1,057 per sq foot).
The average size of a house on GRAHAM ROAD is 77 sq meters (835 sq feet).