£1,457,561
This estimated value is based upon the latest sale price for the house of £850,000 on 2 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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121 Richmond Road, Hackney, E8 3NJ
Phone: 02045163511
Price Paid | Date |
---|---|
£850,000 | 2 Jul 2012 |
£662,555 | 1 Oct 2007 |
£130,000 | 11 Nov 1996 |
Semi-Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 July 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £850,000 results in an estimated price of approximately £1,457,561.
2 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.478 % | £850,000 | £607,561 | £1,457,561 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | 62.890 % | £534,569 | £1,384,569 |
3 Month Average | 88.653 % | £753,547 | £1,603,547 |
6 Month Average | 87.177 % | £741,003 | £1,591,003 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £144,000 | £144,000 | FLAT 3 THE MARIEN ARMS PH, 46 LANSDOWNE DRIVE |
22 Apr 2024 | £709,411 | £703,250 | 4 HARVINGTON WALK |
3 Apr 2024 | £677,342 | £671,460 | 9 ELMBRIDGE WALK |
9 Oct 2023 | £1,534,860 | £1,500,000 | 11 APPLEBY ROAD |
2 Oct 2023 | £1,545,092 | £1,510,000 | 15 APPLEBY ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 10 May 2012. Using an estimated price of £1,457,562 means this house is valued at £12,898 per sq meter (£1,198 per sq foot).
The average size of a house on LANSDOWNE DRIVE is 83 sq meters (896 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Lansdowne Drive | |
Sep 2024 | Anti-social behaviour | On or near Lansdowne Drive | |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lansdowne Drive |
Oct 2024 | Robbery | Investigation complete; no suspect identified | On or near Mapledene Road |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mapledene Road |