£507,024
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Mar 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Wentworth Street, London, E1 7TB
Phone: 02080338708
Price Paid | Date |
---|---|
£130,000 | 30 Mar 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 492 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 March 2000 the House Price Index for GREATER LONDON was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £130,000 results in an estimated price of approximately £507,024.
30 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 149.7 | 290.019 % | £130,000 | £377,024 | £507,024 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | 261.467 % | £339,907 | £469,907 |
3 Month Average | 296.276 % | £385,158 | £515,158 |
6 Month Average | 282.394 % | £367,111 | £497,111 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jan 2023 | £661,768 | £660,000 | FLAT 22 WEXNER BUILDING, 2 STRYPE STREET |
7 Jun 2022 | £868,567 | £850,000 | 10 COBB STREET |
7 Jun 2022 | £153,276 | £150,000 | 2 COBB STREET |
30 Sep 2021 | £488,506 | £450,000 | FLAT 5 20 FRYING PAN ALLEY |
28 Sep 2021 | £584,036 | £538,000 | FLAT 3 WEXNER BUILDING, 2 STRYPE STREET |
This house has a floor area of 45 sq meters or 492 sq feet when measured on 4 Feb 2011. Using an estimated price of £507,025 means this house is valued at £11,072 per sq meter (£1,028 per sq foot).
The average size of a house on STRYPE STREET is 68 sq meters (739 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Strype Street |