£500,222
This estimated value is based upon the latest sale price for the house of £350,000 on 2 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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102 Brick Lane, London, E1 6RL
Phone: 02077680125
| Price Paid | Date |
|---|---|
| £350,000 | 2 Sep 2015 |
| £240,000 | 9 Feb 2011 |
| £171,000 | 30 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 29 sq meters or 317 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 September 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £350,000 results in an estimated price of approximately £500,222.
| 2 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £350,000 | £150,222 | £500,222 |
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 | -1.125 % | £-3,937 | £346,062 |
| 3 Month Average | 7.034 % | £24,619 | £374,619 |
| 6 Month Average | 6.766 % | £23,680 | £373,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £1,436,463 | £1,400,000 | 38 PRINCELET STREET |
| 29 Aug 2023 | £2,138,571 | £2,100,000 | 36 PRINCELET STREET |
| 8 Jun 2023 | £826,564 | £810,000 | 40 HANBURY STREET |
| 12 Oct 2022 | £897,004 | £900,000 | FLAT 2 ROCOCCO HOUSE, 65 PRINCELET STREET |
| 5 Jul 2022 | £1,212,146 | £1,200,000 | FLAT 4 28 WOODSEER STREET |
This house has a floor area of 29 sq meters or 317 sq feet when measured on 30 Oct 2010. Using an estimated price of £500,223 means this house is valued at £16,933 per sq meter (£1,573 per sq foot).
The average size of a house on HANBURY STREET is 82 sq meters (883 sq feet).
This house is the smallest in the street with a floor area of 29 sq meters (317 sq feet).