£1,705,987
This estimated value is based upon the latest sale price for the house of £1,050,000 on 18 Nov 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Homer Road
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61 Wallis Road, Hackney Wick, E9 5LH
Phone: 02080223255
| Price Paid | Date |
|---|---|
| £1,050,000 | 18 Nov 2013 |
| £111,000 | 27 Jun 1996 |
| £80,500 | 23 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2013 the House Price Index for GREATER LONDON was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,705,987.
| 18 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £1,050,000 | £655,987 | £1,705,987 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | -56.442 % | £-592,641 | £457,358 |
| 3 Month Average | 16.754 % | £175,918 | £1,225,918 |
| 6 Month Average | 53.323 % | £559,893 | £1,609,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £423,995 | £420,000 | FLAT D 12 BROOKFIELD ROAD |
| 7 Mar 2023 | £415,918 | £412,000 | FLAT 3 333 VICTORIA PARK ROAD |
| 25 Nov 2022 | £495,992 | £502,000 | FLAT 4 21 BROOKFIELD ROAD |
| 7 Oct 2022 | £544,141 | £550,000 | 28A BROOKFIELD ROAD |
| 30 Sep 2022 | £590,234 | £595,000 | 21C BROOKFIELD ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 Apr 2013. Using an estimated price of £1,705,988 means this house is valued at £14,964 per sq meter (£1,390 per sq foot).
The average size of a house on VICTORIA PARK ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Homer Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Homer Road |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Homer Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Homer Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Homer Road |