£673,360
This estimated value is based upon the latest sale price for the house of £545,000 on 14 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Horizon Building, 15 Hertsmere Road, Poplar, London, E14 4AW
Phone: 02077682434
| Price Paid | Date |
|---|---|
| £545,000 | 14 Nov 2019 |
| £94,000 | 4 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £545,000 results in an estimated price of approximately £673,360.
| 14 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £545,000 | £128,360 | £673,360 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | -9.312 % | £-50,750 | £494,249 |
| 3 Month Average | 61.531 % | £335,345 | £880,345 |
| 6 Month Average | 13.043 % | £71,085 | £616,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £410,418 | £400,000 | FLAT 28 HORIZON BUILDING, 15 HERTSMERE ROAD |
| 1 Sep 2023 | £434,631 | £425,050 | 96 PENNYFIELDS |
| 13 Mar 2023 | £422,048 | £415,000 | 90 PENNYFIELDS |
| 10 Feb 2023 | £286,917 | £285,000 | 80 SALTWELL STREET |
| 12 Nov 2021 | £435,808 | £400,000 | 25 KEMPS DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 12 Mar 2019. Using an estimated price of £673,361 means this house is valued at £8,523 per sq meter (£791 per sq foot).
There is one other house on the street which we know the size of, this is 30 MING STREET it is 50.0