£488,210
This estimated value is based upon the latest sale price for the house of £389,000 on 5 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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71-73 West Ham Lane, London, E15 4PH
Phone: 02080226331
| Price Paid | Date |
|---|---|
| £389,000 | 5 Jan 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 864 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £389,000 results in an estimated price of approximately £488,210.
| 5 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £389,000 | £99,210 | £488,210 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 33.548 % | £130,500 | £519,500 |
| 3 Month Average | -8.149 % | £-31,700 | £357,299 |
| 6 Month Average | 3.834 % | £14,913 | £403,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £320,610 | £315,000 | 23 ELMGREEN CLOSE |
| 31 Mar 2023 | £464,375 | £460,000 | 4 ELMGREEN CLOSE |
| 16 Feb 2023 | £489,670 | £490,000 | 5 LIME WALK |
| 27 Jan 2023 | £308,547 | £310,000 | 4 NINA MACKAY CLOSE |
| 23 Jan 2023 | £383,195 | £385,000 | 10 ABBEY ROAD |
This house has a floor area of 80 sq meters or 864 sq feet when measured on 13 Oct 2011. Using an estimated price of £488,211 means this house is valued at £6,079 per sq meter (£564 per sq foot).
There is one other house on the street which we know the size of, this is 34 NEW PLAISTOW ROAD it is 46.44