£615,755
This estimated value is based upon the latest sale price for the house of £475,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Wick Lane
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61 Wallis Road, Hackney Wick, E9 5LH
Phone: 02080223255
| Price Paid | Date |
|---|---|
| £475,000 | 26 May 2017 |
| £360,000 | 4 Aug 2014 |
| £165,000 | 22 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £475,000 results in an estimated price of approximately £615,755.
| 26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £475,000 | £140,755 | £615,755 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 33.819 % | £160,640 | £635,640 |
| 3 Month Average | 5.351 % | £25,417 | £500,417 |
| 6 Month Average | 9.187 % | £43,636 | £518,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £228,511 | £225,000 | FLAT 59 WINFORD HOUSE JODRELL ROAD |
| 18 Aug 2023 | £738,316 | £725,000 | 8A JODRELL ROAD |
| 7 Jun 2023 | £433,691 | £425,000 | APARTMENT 18 DUCKETTS APARTMENTS, 1 WICK LANE |
| 2 Feb 2023 | £362,421 | £360,000 | FLAT 65 WINFORD HOUSE JODRELL ROAD |
| 25 Nov 2022 | £424,017 | £426,000 | 16 OLLERTON GREEN |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Jun 2014. Using an estimated price of £615,756 means this house is valued at £6,918 per sq meter (£642 per sq foot).
The average size of a house on OLLERTON GREEN is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Wick Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wick Lane |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Wick Lane |