£577,890
This estimated value is based upon the latest sale price for the house of £418,000 on 20 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Wick Lane
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61 Wallis Road, Hackney Wick, E9 5LH
Phone: 02080223255
| Price Paid | Date |
|---|---|
| £418,000 | 20 Jan 2016 |
| £90,000 | 3 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £418,000 results in an estimated price of approximately £577,890.
| 20 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £418,000 | £159,890 | £577,890 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 0.381 % | £1,591 | £419,591 |
| 3 Month Average | 11.293 % | £47,202 | £465,202 |
| 6 Month Average | 10.331 % | £43,185 | £461,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £228,511 | £225,000 | FLAT 59 WINFORD HOUSE JODRELL ROAD |
| 18 Aug 2023 | £738,316 | £725,000 | 8A JODRELL ROAD |
| 7 Jun 2023 | £433,691 | £425,000 | APARTMENT 18 DUCKETTS APARTMENTS, 1 WICK LANE |
| 2 Feb 2023 | £362,421 | £360,000 | FLAT 65 WINFORD HOUSE JODRELL ROAD |
| 25 Nov 2022 | £424,017 | £426,000 | 16 OLLERTON GREEN |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 14 Feb 2015. Using an estimated price of £577,891 means this house is valued at £6,213 per sq meter (£577 per sq foot).
The average size of a house on OLLERTON GREEN is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Wick Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wick Lane |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Wick Lane |