£1,876,538
This estimated value is based upon the latest sale price for the house of £1,565,000 on 11 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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170 Victoria Park Road, Homerton, London, E9 7HD
Phone: 02036411505
| Price Paid | Date |
|---|---|
| £1,565,000 | 11 Aug 2020 |
| £1,550,000 | 15 Jan 2016 |
| £490,000 | 21 Apr 2004 |
| £465,000 | 12 Jul 2002 |
| £250,000 | 10 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £1,565,000 results in an estimated price of approximately £1,876,538.
| 11 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £1,565,000 | £311,538 | £1,876,538 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | -53.178 % | £-832,235 | £732,764 |
| 3 Month Average | -15.844 % | £-247,964 | £1,317,035 |
| 6 Month Average | 2.841 % | £44,464 | £1,609,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £1,725,547 | £1,700,000 | 51 PENSHURST ROAD |
| 21 Jun 2023 | £813,858 | £804,000 | 54 PENSHURST ROAD |
| 29 Jul 2022 | £552,487 | £551,000 | 1 THE CEDARS |
| 5 Jul 2022 | £889,319 | £886,925 | 35A PENSHURST ROAD |
| 20 May 2022 | £1,044,684 | £1,025,000 | 34 PENSHURST ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 14 Jan 2020. Using an estimated price of £1,876,538 means this house is valued at £12,264 per sq meter (£1,139 per sq foot).
The average size of a house on PENSHURST ROAD is 88 sq meters (949 sq feet).