£325,877
This estimated value is based upon the latest sale price for the house of £320,000 on 31 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1a Thorpe Road, East Ham, E6 2HS
Phone: 02045052641
Price Paid | Date |
---|---|
£320,000 | 31 Aug 2023 |
£25,000 | 5 Jun 2019 |
£157,000 | 15 Aug 2008 |
£28,000 | 2 Dec 1996 |
Terraced |
Leasehold |
Floor Area: 52 sq meters or 559 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 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £320,000 results in an estimated price of approximately £325,877.
31 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £320,000 | £5,877 | £325,877 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 1.586 % | £5,074 | £325,074 |
3 Month Average | 6.065 % | £19,406 | £339,406 |
6 Month Average | -5.629 % | £-18,012 | £301,987 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £325,878 | £320,000 | 59 CAULFIELD ROAD |
22 Oct 2021 | £501,601 | £450,000 | 70 CLEMENTS ROAD |
22 Jun 2021 | £273,459 | £253,000 | 56A CLEMENTS ROAD |
14 Jun 2021 | £245,519 | £227,150 | 64A CLEMENTS ROAD |
20 May 2021 | £284,601 | £250,000 | 57 CAULFIELD ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 15 Sep 2021. Using an estimated price of £325,878 means this house is valued at £6,266 per sq meter (£582 per sq foot).
The average size of a house on CAULFIELD ROAD is 79 sq meters (850 sq feet).