£587,098
This estimated value is based upon the latest sale price for the house of £282,000 on 11 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Sandys Row, London, E1 7HW
Phone: 02073929155
| Price Paid | Date |
|---|---|
| £282,000 | 11 Mar 2004 |
| £282,000 | 11 Mar 2004 |
| £208,000 | 11 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 March 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 108.191%.Applying this 108.191% change to the original purchase price of £282,000 results in an estimated price of approximately £587,098.
| 11 Mar 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.0 | 108.191 % | £282,000 | £305,098 | £587,098 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | 80.705 % | £227,588 | £509,588 |
| 3 Month Average | 84.260 % | £237,612 | £519,612 |
| 6 Month Average | 124.409 % | £350,832 | £632,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £993,802 | £975,000 | FLAT 3 4 SPITAL SQUARE |
| 28 Nov 2023 | £785,079 | £775,000 | FLAT 1 20 BISHOPS SQUARE |
| 10 Aug 2023 | £729,436 | £725,000 | FLAT 5 PRIORY HOUSE, 32 FOLGATE STREET |
| 31 Jan 2022 | £749,433 | £715,000 | FLAT 10 25 SPITAL SQUARE |
| 27 Aug 2021 | £3,111,111 | £2,800,000 | 16 FOLGATE STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Sep 2014. Using an estimated price of £587,098 means this house is valued at £9,173 per sq meter (£852 per sq foot).
The average size of a house on SPITAL SQUARE is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Folgate Street | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Folgate Street |