£420,142
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Sep 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Apple Business Centre, 43A, Mile End Road, London, IG1 1NR
Phone: 02081289288
| Price Paid | Date |
|---|---|
| £220,000 | 28 Sep 2004 |
| £150,000 | 8 Aug 2001 |
| £115,000 | 10 Nov 1999 |
| £71,000 | 8 Jul 1999 |
| Terraced |
| Freehold |
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 September 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £220,000 results in an estimated price of approximately £420,142.
| 28 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £220,000 | £200,142 | £420,142 |
The Postcode Pricing Model uses changes in average sales price within the IG1 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 | 1.281 % | £2,817 | £222,817 |
| 3 Month Average | 66.077 % | £145,370 | £365,370 |
| 6 Month Average | 71.348 % | £156,964 | £376,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £558,265 | £550,000 | 23 BELMONT ROAD |
| 3 Aug 2023 | £825,724 | £818,500 | 71 ALBERT ROAD |
| 17 Jul 2023 | £572,708 | £565,000 | 55 BELMONT ROAD |
| 19 May 2022 | £662,483 | £650,000 | 113 ALBERT ROAD |
| 23 Jul 2021 | £304,555 | £265,000 | FIRST FLOOR FLAT 23 DALKEITH ROAD |