£712,812
This estimated value is based upon the latest sale price for the house of £575,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
Price Paid | Date |
---|---|
£575,000 | 30 Aug 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £575,000 results in an estimated price of approximately £712,812.
30 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £575,000 | £137,812 | £712,812 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | -8.343 % | £-47,975 | £527,024 |
3 Month Average | 11.615 % | £66,787 | £641,787 |
6 Month Average | 4.286 % | £24,644 | £599,644 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £475,000 | £475,000 | FLAT 903 LAMINGTON HEIGHTS, 8 MADEIRA STREET |
1 Nov 2023 | £579,716 | £565,000 | FLAT 6 24 RIFLE STREET |
22 Sep 2023 | £531,721 | £520,000 | FLAT 703 LAMINGTON HEIGHTS, 8 MADEIRA STREET |
29 Jun 2023 | £426,038 | £417,500 | FLAT 706 LAMINGTON HEIGHTS, 8 MADEIRA STREET |
4 Jul 2022 | £400,008 | £396,000 | FLAT 604 LAMINGTON HEIGHTS, 8 MADEIRA STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Apr 2019. Using an estimated price of £712,812 means this house is valued at £7,664 per sq meter (£712 per sq foot).
The average size of a house on RIFLE STREET is 117 sq meters (1,262 sq feet).