£279,952
This estimated value is based upon the latest sale price for the house of £60,000 on 3 Aug 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1a Thorpe Road, East Ham, E6 2HS
Phone: 02045052641
| Price Paid | Date |
|---|---|
| £60,000 | 3 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 August 1998 the House Price Index for GREATER LONDON was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £60,000 results in an estimated price of approximately £279,952.
| 3 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £60,000 | £219,952 | £279,952 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 439.485 % | £263,690 | £323,690 |
| 3 Month Average | 477.943 % | £286,765 | £346,765 |
| 6 Month Average | 413.433 % | £248,059 | £308,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jan 2023 | £363,289 | £365,000 | 87 MELBOURNE ROAD |
| 12 Apr 2022 | £257,450 | £250,000 | 17 MELBOURNE ROAD |
| 23 Mar 2022 | £409,325 | £395,001 | 74 MELBOURNE ROAD |
| 4 Feb 2022 | £398,504 | £380,000 | 110 MELBOURNE ROAD |
| 28 Sep 2020 | £415,584 | £350,000 | 66 MELBOURNE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 23 Feb 2017. Using an estimated price of £279,953 means this house is valued at £4,057 per sq meter (£376 per sq foot).
The average size of a house on MARKET STREET is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Melbourne Road |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Road | |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Road | |
| Jan 2024 | Other theft | Under investigation | On or near Melbourne Road |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Road |