£470,014
This estimated value is based upon the latest sale price for the house of £270,000 on 8 Jul 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
| Price Paid | Date |
|---|---|
| £270,000 | 8 Jul 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 514 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 July 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £270,000 results in an estimated price of approximately £470,014.
| 8 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £270,000 | £200,014 | £470,014 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 66.120 % | £178,524 | £448,524 |
| 3 Month Average | 81.443 % | £219,894 | £489,894 |
| 6 Month Average | 73.927 % | £199,603 | £469,603 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £306,621 | £301,500 | FLAT 32 WELLINGTON BUILDINGS WELLINGTON WAY |
| 4 Nov 2021 | £1,122,205 | £1,030,000 | 12 MORNINGTON GROVE |
| 30 Sep 2021 | £573,181 | £528,000 | FLAT 5 3 WELLINGTON WAY |
| 28 Sep 2021 | £497,191 | £458,000 | 12 ELLISON APARTMENTS MERCHANT STREET |
| 10 Jun 2021 | £464,773 | £430,000 | FLAT 37 WELLINGTON BUILDINGS WELLINGTON WAY |
This house has a floor area of 47 sq meters or 514 sq feet when measured on 7 Apr 2011. Using an estimated price of £470,015 means this house is valued at £9,832 per sq meter (£913 per sq foot).
The average size of a house on WELLINGTON WAY is 55 sq meters (597 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Wellington Way | |
| Oct 2024 | Anti-social behaviour | On or near Wellington Way | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wellington Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Way |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wellington Way |