£599,661
This estimated value is based upon the latest sale price for the house of £475,000 on 8 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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London, IG1 4AA
Phone: 02080330232
Price Paid | Date |
---|---|
£475,000 | 8 Mar 2018 |
£285,000 | 30 Apr 2008 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,017 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 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £475,000 results in an estimated price of approximately £599,661.
8 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £475,000 | £124,661 | £599,661 |
The Postcode Pricing Model uses changes in average sales price within the IG1 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 | 21.364 % | £101,481 | £576,481 |
3 Month Average | -2.307 % | £-10,956 | £464,043 |
6 Month Average | 0.871 % | £4,136 | £479,136 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £324,986 | £315,000 | 23 COLOMBO ROAD |
31 May 2022 | £333,693 | £325,000 | 132 COVENTRY ROAD |
8 Apr 2022 | £539,459 | £520,000 | 72 COLOMBO ROAD |
18 Mar 2022 | £558,504 | £535,000 | 43 COLOMBO ROAD |
30 Sep 2021 | £504,790 | £465,000 | 25 COLOMBO ROAD |
This house has a floor area of 94 sq meters or 1,017 sq feet when measured on 24 Jul 2009. Using an estimated price of £599,662 means this house is valued at £6,344 per sq meter (£589 per sq foot).
The average size of a house on COVENTRY ROAD is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Colombo Road |