£240,199
This estimated value is based upon the latest sale price for the house of £46,500 on 30 May 1997. 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 |
|---|---|
| £46,500 | 30 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 666 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 May 1997 the House Price Index for GREATER LONDON was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £46,500 results in an estimated price of approximately £240,199.
| 30 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £46,500 | £193,699 | £240,199 |
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 | 602.202 % | £280,023 | £326,523 |
| 3 Month Average | 538.200 % | £250,262 | £296,762 |
| 6 Month Average | 617.654 % | £287,209 | £333,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £512,882 | £508,050 | 57 FARINGFORD ROAD |
| 9 Mar 2023 | £312,948 | £310,000 | 2A ALDWORTH ROAD |
| 12 Aug 2022 | £448,792 | £450,000 | 13 FARINGFORD ROAD |
| 14 Jul 2022 | £448,708 | £447,500 | 16 ALDWORTH ROAD |
| 24 Feb 2022 | £482,399 | £460,000 | 90 FARINGFORD ROAD |
This house has a floor area of 61 sq meters or 666 sq feet when measured on 24 Jan 2012. Using an estimated price of £240,199 means this house is valued at £3,880 per sq meter (£360 per sq foot).
The average size of a house on ALDWORTH ROAD is 69 sq meters (748 sq feet).