£608,008
This estimated value is based upon the latest sale price for the house of £345,000 on 12 Oct 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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311 High Street North, London, E12 6SL
Phone: 02081664071
Price Paid | Date |
---|---|
£345,000 | 12 Oct 2008 |
£80,000 | 27 Nov 1996 |
Terraced |
Freehold |
Floor Area: 143 sq meters or 1,541 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 October 2008 the House Price Index for GREATER LONDON was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £345,000 results in an estimated price of approximately £608,008.
12 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 149.7 | 76.234 % | £345,000 | £263,008 | £608,008 |
The Postcode Pricing Model uses changes in average sales price within the E7 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 | 206.823 % | £713,537 | £1,058,537 |
3 Month Average | 136.849 % | £472,129 | £817,129 |
6 Month Average | 115.520 % | £398,543 | £743,543 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £221,927 | £220,000 | 246A SHREWSBURY ROAD |
8 Mar 2024 | £614,440 | £605,000 | 260 SHREWSBURY ROAD |
23 Sep 2022 | £779,479 | £780,000 | 250 PLASHET GROVE |
21 Dec 2021 | £376,678 | £349,000 | 257 SHREWSBURY ROAD |
17 Dec 2020 | £514,513 | £445,000 | 146 MILTON AVENUE |
This house has a floor area of 143 sq meters or 1,541 sq feet when measured on 22 Jun 2009. Using an estimated price of £608,008 means this house is valued at £4,245 per sq meter (£394 per sq foot).
The average size of a house on SHREWSBURY ROAD is 106 sq meters (1,149 sq feet).