£649,566
This estimated value is based upon the latest sale price for the house of £495,000 on 11 Nov 2016. 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 |
---|---|
£495,000 | 11 Nov 2016 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.226%.Applying this 31.226% change to the original purchase price of £495,000 results in an estimated price of approximately £649,566.
11 Nov 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.0 | 31.226 % | £495,000 | £154,566 | £649,566 |
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 | -36.290 % | £-179,633 | £315,366 |
3 Month Average | -1.061 % | £-5,253 | £489,746 |
6 Month Average | 5.241 % | £25,940 | £520,940 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2023 | £603,261 | £600,000 | 135 WELLESLEY ROAD |
17 Nov 2022 | £477,261 | £485,000 | 323 THOROLD ROAD |
30 Jun 2022 | £621,297 | £615,000 | 280 BALFOUR ROAD |
8 Apr 2022 | £565,128 | £551,000 | 220 WELLESLEY ROAD |
24 Mar 2021 | £415,730 | £375,000 | 373 THOROLD ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 24 Mar 2016. Using an estimated price of £649,567 means this house is valued at £5,648 per sq meter (£524 per sq foot).
The average size of a house on BALFOUR ROAD is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Perth Terrace |
Apr 2024 | Public order | Under investigation | On or near Perth Terrace |
Apr 2024 | Drugs | Under investigation | On or near Perth Terrace |
Apr 2024 | Other theft | Under investigation | On or near Perth Terrace |
Apr 2024 | Anti-social behaviour | On or near Perth Terrace |