£431,412
This estimated value is based upon the latest sale price for the house of £425,000 on 23 May 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 The Grove, London, E15 1EL
Phone: 02034639989
| Price Paid | Date |
|---|---|
| £425,000 | 23 May 2022 |
| £392,700 | 3 Dec 2010 |
| £249,950 | 14 Oct 2008 |
| £90,000 | 31 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £425,000 results in an estimated price of approximately £431,412.
| 23 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £425,000 | £6,412 | £431,412 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | -12.534 % | £-53,271 | £371,728 |
| 3 Month Average | -1.326 % | £-5,635 | £419,364 |
| 6 Month Average | 4.517 % | £19,196 | £444,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £454,297 | £450,000 | 64 TENNYSON ROAD |
| 2 Mar 2023 | £653,533 | £650,000 | 14A TENNYSON ROAD |
| 4 Nov 2022 | £686,370 | £697,500 | 22 LITCHFIELD AVENUE |
| 20 Oct 2022 | £407,936 | £414,000 | 22 TENNYSON ROAD |
| 23 May 2022 | £431,413 | £425,000 | 46A ROMFORD ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 2 Sep 2020. Using an estimated price of £431,413 means this house is valued at £3,536 per sq meter (£328 per sq foot).
The average size of a house on ROMFORD ROAD is 64 sq meters (689 sq feet).