£327,876
This estimated value is based upon the latest sale price for the house of £327,000 on 19 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Tarling Street, London, E1 0AD
Phone: 02080225525
| Price Paid | Date |
|---|---|
| £327,000 | 19 Jan 2023 |
| £172,500 | 28 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 509 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 January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £327,000 results in an estimated price of approximately £327,876.
| 19 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £327,000 | £876 | £327,876 |
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 | 33.560 % | £109,739 | £436,739 |
| 3 Month Average | 19.925 % | £65,154 | £392,154 |
| 6 Month Average | 5.186 % | £16,958 | £343,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £312,944 | £305,000 | 22 MORTON CLOSE |
| 6 Oct 2023 | £383,715 | £375,000 | 14 MORTON CLOSE |
| 19 Jan 2023 | £327,876 | £327,000 | 42 MORTON CLOSE |
| 21 Oct 2020 | £405,051 | £342,750 | 18 MORTON CLOSE |
| 25 Sep 2020 | £511,363 | £427,500 | 63 MORTON CLOSE |
This house has a floor area of 47 sq meters or 509 sq feet when measured on 27 Nov 2009. Using an estimated price of £327,876 means this house is valued at £6,921 per sq meter (£643 per sq foot).
The average size of a house on MORTON CLOSE is 55 sq meters (593 sq feet).