£490,161
This estimated value is based upon the latest sale price for the house of £158,000 on 28 Feb 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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71-73 West Ham Lane, London, E15 4PH
Phone: 02080226331
| Price Paid | Date |
|---|---|
| £158,000 | 28 Feb 2002 |
| £123,000 | 17 Sep 2001 |
| £37,000 | 21 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 February 2002 the House Price Index for GREATER LONDON was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £158,000 results in an estimated price of approximately £490,161.
| 28 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £158,000 | £332,161 | £490,161 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 224.657 % | £354,957 | £512,957 |
| 3 Month Average | 228.373 % | £360,829 | £518,829 |
| 6 Month Average | 235.657 % | £372,338 | £530,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £403,504 | £400,000 | 87 ALDWORTH ROAD |
| 21 Apr 2023 | £448,387 | £440,000 | 28 FARINGFORD ROAD |
| 31 Mar 2023 | £447,473 | £440,000 | 17 FARINGFORD ROAD |
| 22 Mar 2023 | £516,679 | £508,050 | 57 FARINGFORD ROAD |
| 9 Mar 2023 | £315,265 | £310,000 | 2A ALDWORTH ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 25 Jan 2019. Using an estimated price of £490,162 means this house is valued at £8,451 per sq meter (£785 per sq foot).
The average size of a house on FARINGFORD ROAD is 67 sq meters (728 sq feet).