£609,044
This estimated value is based upon the latest sale price for the house of £335,000 on 7 Aug 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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115 Mare Street, London, E8 4RU
Phone: 02036415304
Price Paid | Date |
---|---|
£335,000 | 7 Aug 2009 |
£195,000 | 27 Apr 2001 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 August 2009 the House Price Index for GREATER LONDON was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £335,000 results in an estimated price of approximately £609,044.
7 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 149.7 | 81.804 % | £335,000 | £274,044 | £609,044 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | 137.484 % | £460,572 | £795,572 |
3 Month Average | 147.178 % | £493,046 | £828,046 |
6 Month Average | 137.579 % | £460,889 | £795,889 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £781,789 | £775,000 | 41 BOCKING STREET |
21 Dec 2023 | £1,103,921 | £1,070,000 | 34 BECK ROAD |
26 Jun 2023 | £1,275,562 | £1,250,000 | 16 BECK ROAD |
30 Mar 2023 | £1,164,446 | £1,145,000 | 26 BECK ROAD |
28 Feb 2023 | £855,716 | £850,000 | 33 BECK ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Apr 2009. Using an estimated price of £609,045 means this house is valued at £7,613 per sq meter (£707 per sq foot).
The average size of a house on BOCKING STREET is 71 sq meters (766 sq feet).
This house is the largest in the street with a floor area of 80 sq meters (861 sq feet).