£462,483
This estimated value is based upon the latest sale price for the house of £400,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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501 Kingsland Road, London, E8 4AU
Phone: 02034632543
Price Paid | Date |
---|---|
£400,000 | 4 Dec 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 26 sq meters or 279 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £400,000 results in an estimated price of approximately £462,483.
4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £400,000 | £62,483 | £462,483 |
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 | 101.413 % | £405,650 | £805,650 |
3 Month Average | 51.525 % | £206,098 | £606,098 |
6 Month Average | 38.836 % | £155,343 | £555,343 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £548,426 | £540,000 | FLAT 14 WELBURY COURT, 453 KINGSLAND ROAD |
1 Nov 2023 | £309,866 | £302,000 | FLAT 2 492 - 494 KINGSLAND ROAD |
8 Sep 2023 | £460,143 | £450,000 | FLAT B 496 KINGSLAND ROAD |
15 Mar 2023 | £841,554 | £827,500 | FLAT 9 38 STAMFORD ROAD |
11 Jan 2023 | £441,179 | £440,000 | FLAT 2 466 KINGSLAND ROAD |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 23 Dec 2013. Using an estimated price of £462,484 means this house is valued at £17,787 per sq meter (£1,652 per sq foot).
The average size of a house on KINGSLAND ROAD is 67 sq meters (731 sq feet).