£379,761
This estimated value is based upon the latest sale price for the house of £200,000 on 1 Oct 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Tarling Street, London, E1 0AD
Phone: 02080225525
| Price Paid | Date |
|---|---|
| £200,000 | 1 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 636 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 October 2004 the House Price Index for GREATER LONDON was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £200,000 results in an estimated price of approximately £379,761.
| 1 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £200,000 | £179,761 | £379,761 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | 80.062 % | £160,123 | £360,123 |
| 3 Month Average | 87.456 % | £174,911 | £374,911 |
| 6 Month Average | 120.465 % | £240,929 | £440,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £309,583 | £305,000 | 22 MORTON CLOSE |
| 17 Jul 2023 | £299,025 | £295,000 | 51 MORTON CLOSE |
| 19 Jan 2023 | £325,467 | £327,000 | 42 MORTON CLOSE |
| 21 Oct 2020 | £402,074 | £342,750 | 18 MORTON CLOSE |
| 25 Sep 2020 | £507,606 | £427,500 | 63 MORTON CLOSE |
This house has a floor area of 59 sq meters or 636 sq feet when measured on 18 Mar 2010. Using an estimated price of £379,762 means this house is valued at £6,423 per sq meter (£596 per sq foot).
The average size of a house on MORTON CLOSE is 55 sq meters (593 sq feet).