£406,027
This estimated value is based upon the latest sale price for the house of £235,000 on 23 Sep 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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73 Portway, London, E15 3QJ
Phone: 02036414362
| Price Paid | Date |
|---|---|
| £235,000 | 23 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 759 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 September 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £235,000 results in an estimated price of approximately £406,027.
| 23 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £235,000 | £171,027 | £406,027 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 130.515 % | £306,711 | £541,711 |
| 3 Month Average | 93.374 % | £219,429 | £454,429 |
| 6 Month Average | 103.803 % | £243,937 | £478,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £395,051 | £390,000 | 32 MORLEY ROAD |
| 14 Sep 2023 | £654,367 | £646,000 | 58 CORPORATION STREET |
| 10 Aug 2022 | £498,658 | £500,000 | 112 CORPORATION STREET |
| 3 Aug 2022 | £633,295 | £635,000 | 28 MORLEY ROAD |
| 8 Apr 2022 | £453,112 | £440,000 | 68 MORLEY ROAD |
This house has a floor area of 70 sq meters or 759 sq feet when measured on 8 Aug 2011. Using an estimated price of £406,028 means this house is valued at £5,755 per sq meter (£534 per sq foot).
The average size of a house on MORLEY ROAD is 97 sq meters (1,049 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Morley Road |
| Jan 2024 | Anti-social behaviour | On or near Bull Road | |
| Jan 2024 | Anti-social behaviour | On or near Bull Road | |
| Jan 2024 | Anti-social behaviour | On or near Bull Road |