£334,338
This estimated value is based upon the latest sale price for the house of £230,000 on 29 May 2015. 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 |
|---|---|
| £230,000 | 29 May 2015 |
| £192,500 | 10 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 587 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 45.365%.Applying this 45.365% change to the original purchase price of £230,000 results in an estimated price of approximately £334,338.
| 29 May 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.0 | 45.365 % | £230,000 | £104,338 | £334,338 |
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 | -19.458 % | £-44,753 | £185,246 |
| 3 Month Average | 22.639 % | £52,068 | £282,068 |
| 6 Month Average | 32.840 % | £75,531 | £305,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £316,712 | £315,000 | FLAT 8 DE HAVILLAND SQUARE PIPER WAY |
| 22 Mar 2023 | £323,750 | £322,000 | FLAT 38 DE HAVILLAND SQUARE PIPER WAY |
| 15 Jul 2022 | £264,642 | £265,000 | 44 SAUNDERS CLOSE |
| 18 Feb 2022 | £292,449 | £280,000 | FLAT 5 DE HAVILLAND SQUARE PIPER WAY |
| 1 Jul 2020 | £295,058 | £245,000 | FLAT 45 DE HAVILLAND SQUARE PIPER WAY |
This house has a floor area of 54 sq meters or 587 sq feet when measured on 6 May 2009. Using an estimated price of £334,339 means this house is valued at £6,123 per sq meter (£568 per sq foot).
The average size of a house on PIPER WAY is 60 sq meters (652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Piper Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Piper Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Goddards Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Goddards Way |
| Apr 2024 | Theft from the person | Under investigation | On or near Goddards Way |