£874,111
This estimated value is based upon the latest sale price for the house of £701,500 on 1 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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18 Hoe Street, London, E17 4PH
Phone: 02080331003
| Price Paid | Date |
|---|---|
| £701,500 | 1 Aug 2018 |
| £416,000 | 8 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £701,500 results in an estimated price of approximately £874,111.
| 1 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £701,500 | £172,611 | £874,111 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 28.655 % | £201,017 | £902,517 |
| 3 Month Average | 33.700 % | £236,407 | £937,907 |
| 6 Month Average | 40.068 % | £281,080 | £982,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £440,000 | £440,000 | 85 CHINGFORD ROAD |
| 23 Sep 2022 | £319,786 | £320,000 | 35A CHINGFORD ROAD |
| 5 Aug 2022 | £828,876 | £825,000 | 50 BROMLEY ROAD |
| 28 Jun 2022 | £562,014 | £550,000 | 16 BEDFORD ROAD |
| 7 Jun 2022 | £536,468 | £525,000 | 62 BROMLEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 29 Apr 2016. Using an estimated price of £874,111 means this house is valued at £11,974 per sq meter (£1,112 per sq foot).
The average size of a house on BROMLEY ROAD is 85 sq meters (918 sq feet).