£430,916
This estimated value is based upon the latest sale price for the house of £236,000 on 3 Nov 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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St Magus House, 3 Lower Thames Street, London, EC3R 6HE
Phone: 02080220769
Price Paid | Date |
---|---|
£236,000 | 3 Nov 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 33 sq meters or 355 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 November 2005 the House Price Index for GREATER LONDON was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £236,000 results in an estimated price of approximately £430,916.
3 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 149.7 | 82.592 % | £236,000 | £194,916 | £430,916 |
The Postcode Pricing Model uses changes in average sales price within the EC3R 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 | 153.879 % | £363,154 | £599,154 |
3 Month Average | 455.172 % | £1,074,204 | £1,310,204 |
6 Month Average | 231.017 % | £545,200 | £781,200 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2024 | £10,715,000 | £10,715,000 | 3 LOVAT LANE |
21 Mar 2024 | £4,326,472 | £4,260,000 | 8 - 9 LOVAT LANE |
20 Dec 2023 | £464,266 | £450,000 | FLAT 1 6 BOTOLPH ALLEY |
26 Jun 2023 | £60,363,410 | £59,153,724 | 32 ST MARY AT HILL |
23 Mar 2023 | £556,799 | £547,500 | FLAT 23 WERNA HOUSE, 31 MONUMENT STREET |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 6 Oct 2020. Using an estimated price of £430,917 means this house is valued at £13,058 per sq meter (£1,213 per sq foot).
The average size of a house on LOVAT LANE is 85 sq meters (924 sq feet).
This house is the smallest in the street with a floor area of 33 sq meters (355 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Lovat Lane |
Nov 2024 | Violence and sexual offences | Under investigation | On or near Lovat Lane |
Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Lovat Lane |
Nov 2024 | Violence and sexual offences | Under investigation | On or near Lovat Lane |
Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lovat Lane |