£528,561
This estimated value is based upon the latest sale price for the house of £251,000 on 12 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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65 Narrow Street, Limehouse, London, E14 8DP
Phone: 02081284237
Price Paid | Date |
---|---|
£251,000 | 12 Mar 2004 |
£251,000 | 12 Mar 2004 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £251,000 results in an estimated price of approximately £528,561.
12 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 149.7 | 110.582 % | £251,000 | £277,561 | £528,561 |
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 | 145.026 % | £364,014 | £615,014 |
3 Month Average | 140.510 % | £352,680 | £603,680 |
6 Month Average | 169.116 % | £424,480 | £675,480 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2020 | £147,397 | £123,224 | 4 EAST END MISSION, 577 COMMERCIAL ROAD |
15 Apr 2016 | £566,243 | £415,000 | FLAT 23 LAVENDER HOUSE, 1B RATCLIFFE CROSS STREET |
7 Sep 2015 | £471,638 | £330,000 | FLAT 19 LAVENDER HOUSE, 1B RATCLIFFE CROSS STREET |
19 Dec 2014 | £458,279 | £305,000 | FLAT 2 LAVENDER HOUSE, 1B RATCLIFFE CROSS STREET |
23 Apr 2014 | £596,093 | £380,000 | FLAT 6 ROSEA HOUSE, 4 BOULCOTT STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 30 Sep 2015. Using an estimated price of £528,562 means this house is valued at £5,449 per sq meter (£506 per sq foot).
The average size of a house on COMMERCIAL ROAD is 64 sq meters (692 sq feet).