£232,166
This estimated value is based upon the latest sale price for the house of £42,000 on 15 Oct 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 Mile End Road, E1 4TT
Phone: 02080222781
| Price Paid | Date |
|---|---|
| £42,000 | 15 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 1996 the House Price Index for GREATER LONDON was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £42,000 results in an estimated price of approximately £232,166.
| 15 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 149.7 | 452.776 % | £42,000 | £190,166 | £232,166 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | 501.434 % | £210,602 | £252,602 |
| 3 Month Average | 509.745 % | £214,092 | £256,092 |
| 6 Month Average | 505.538 % | £212,326 | £254,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £600,000 | £600,000 | 60A CEPHAS STREET |
| 9 Mar 2023 | £254,246 | £250,000 | FLAT 26 REDCLYF HOUSE CEPHAS STREET |
| 15 Jul 2022 | £212,126 | £210,000 | 16 COOPERS CLOSE |
| 6 Dec 2021 | £1,672,927 | £1,550,000 | 109 MILE END ROAD |
| 13 Nov 2020 | £531,411 | £455,000 | FLAT 15 99 MILE END ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 15 Feb 2020. Using an estimated price of £232,166 means this house is valued at £5,804 per sq meter (£539 per sq foot).
The average size of a house on COOPERS CLOSE is 40 sq meters (438 sq feet).