£1,037,714
This estimated value is based upon the latest sale price for the house of £950,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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G03 Cordage House, 15 Cobblestone Square, London, E1W 3AS
Phone: 02080225574
| Price Paid | Date |
|---|---|
| £950,000 | 29 Oct 2021 |
| £675,000 | 1 May 2015 |
| £475,000 | 19 Feb 2013 |
| Terraced |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £950,000 results in an estimated price of approximately £1,037,714.
| 29 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £950,000 | £87,714 | £1,037,714 |
The Postcode Pricing Model uses changes in average sales price within the E1W 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 | -1.191 % | £-11,312 | £938,687 |
| 3 Month Average | 17.241 % | £163,793 | £1,113,793 |
| 6 Month Average | 23.587 % | £224,080 | £1,174,080 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 24 May 2014.
The average size of a house on WELLINGTON TERRACE is 86 sq meters (933 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).