£935,076
This estimated value is based upon the latest sale price for the house of £620,000 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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G03 Cordage House, 15 Cobblestone Square, London, E1W 3AS
Phone: 02080225574
| Price Paid | Date |
|---|---|
| £620,000 | 10 Oct 2014 |
| Terraced |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £620,000 results in an estimated price of approximately £935,076.
| 10 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £620,000 | £315,076 | £935,076 |
The Postcode Pricing Model uses changes in average sales price within the E1W 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 | -14.335 % | £-88,876 | £531,123 |
| 3 Month Average | -4.772 % | £-29,588 | £590,411 |
| 6 Month Average | -1.875 % | £-11,622 | £608,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £578,131 | £565,000 | 71 DISCOVERY WALK |
| 15 Sep 2023 | £322,100 | £315,000 | 61 WATERMAN WAY |
| 30 Aug 2023 | £305,510 | £300,000 | FLAT 42 REARDON HOUSE REARDON STREET |
| 16 Aug 2023 | £458,265 | £450,000 | 32 DISCOVERY WALK |
| 29 Jun 2022 | £434,283 | £425,000 | FLAT 52 REARDON HOUSE REARDON STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 7 Feb 2014. Using an estimated price of £935,077 means this house is valued at £15,584 per sq meter (£1,447 per sq foot).
The average size of a house on WELLINGTON TERRACE is 86 sq meters (933 sq feet).