£199,277
This estimated value is based upon the latest sale price for the house of £35,400 on 15 May 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Apple Business Centre, 43A, Mile End Road, London, IG1 1NR
Phone: 02081289288
| Price Paid | Date |
|---|---|
| £35,400 | 15 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 1995 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 462.931%.Applying this 462.931% change to the original purchase price of £35,400 results in an estimated price of approximately £199,277.
| 15 May 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 462.931 % | £35,400 | £163,877 | £199,277 |
The Postcode Pricing Model uses changes in average sales price within the IG1 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 | 278.308 % | £98,521 | £133,921 |
| 3 Month Average | 430.749 % | £152,485 | £187,885 |
| 6 Month Average | 430.720 % | £152,474 | £187,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £531,147 | £526,500 | 91 PARK ROAD |
| 18 Jul 2023 | £516,958 | £510,000 | 73 GORDON ROAD |
| 17 Feb 2023 | £564,620 | £565,000 | 49 PARK ROAD |
| 15 Jul 2022 | £521,404 | £520,000 | 44 GORDON ROAD |
| 17 May 2022 | £473,930 | £465,000 | 67 PARK ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 22 Feb 2019. Using an estimated price of £199,278 means this house is valued at £3,985 per sq meter (£370 per sq foot).
The average size of a house on GORDON ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gordon Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Jan 2024 | Drugs | Under investigation | On or near Park Road |
| Jan 2024 | Anti-social behaviour | On or near Gordon Road | |
| Jan 2024 | Anti-social behaviour | On or near Gordon Road |