£301,032
This estimated value is based upon the latest sale price for the house of £295,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
Price Paid | Date |
---|---|
£295,000 | 30 Jun 2023 |
£170,000 | 28 Apr 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 June 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £295,000 results in an estimated price of approximately £301,032.
30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £295,000 | £6,032 | £301,032 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 20.266 % | £59,784 | £354,784 |
3 Month Average | -6.157 % | £-18,161 | £276,838 |
6 Month Average | -6.371 % | £-18,795 | £276,204 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £290,019 | £287,500 | 77 REGENT SQUARE |
25 Sep 2023 | £1,007,203 | £985,000 | 8 STROUDLEY WALK |
12 Sep 2023 | £306,762 | £300,000 | FLAT 16 WINGATE HOUSE BRUCE ROAD |
31 Aug 2023 | £280,051 | £275,000 | 6 REGENT SQUARE |
30 Jun 2023 | £301,033 | £295,000 | 78 REGENT SQUARE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 24 Aug 2020. Using an estimated price of £301,033 means this house is valued at £7,000 per sq meter (£650 per sq foot).
The average size of a house on REGENT SQUARE is 51 sq meters (552 sq feet).