£875,900
This estimated value is based upon the latest sale price for the house of £873,560 on 26 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Wellington Road, E11 2AS
Phone: 02081285537
Price Paid | Date |
---|---|
£873,560 | 26 Jan 2023 |
£720,000 | 27 Nov 2020 |
£585,000 | 11 Apr 2014 |
£375,000 | 9 Jul 2010 |
£342,500 | 2 Apr 2007 |
Terraced |
Freehold |
Floor Area: 99 sq meters or 1,065 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 January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £873,560 results in an estimated price of approximately £875,900.
26 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £873,560 | £2,340 | £875,900 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | -4.111 % | £-35,914 | £837,645 |
3 Month Average | -1.186 % | £-10,361 | £863,198 |
6 Month Average | -1.041 % | £-9,090 | £864,469 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2024 | £610,000 | £610,000 | 11 COWLEY ROAD |
19 Dec 2023 | £892,422 | £865,000 | 31 HALSTEAD ROAD |
30 Nov 2023 | £902,920 | £880,000 | 24 COWLEY ROAD |
2 Nov 2023 | £828,018 | £807,000 | 16 COWLEY ROAD |
14 Jun 2023 | £722,479 | £708,000 | 17 COWLEY ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 26 Nov 2013. Using an estimated price of £875,900 means this house is valued at £8,847 per sq meter (£821 per sq foot).
The average size of a house on COWLEY ROAD is 81 sq meters (881 sq feet).