£1,025,751
This estimated value is based upon the latest sale price for the house of £830,000 on 23 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Royal Mint Street, London, E1 8LG
Phone: 02081154399
Price Paid | Date |
---|---|
£830,000 | 23 Dec 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £830,000 results in an estimated price of approximately £1,025,751.
23 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £830,000 | £195,751 | £1,025,751 |
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 | 19.313 % | £160,297 | £990,297 |
3 Month Average | 10.323 % | £85,679 | £915,679 |
6 Month Average | -15.640 % | £-129,815 | £700,184 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £463,234 | £449,000 | FLAT 94 85 ROYAL MINT STREET |
14 Oct 2022 | £812,287 | £815,000 | FLAT 69 85 ROYAL MINT STREET |
25 Jul 2022 | £606,073 | £600,000 | FLAT 178 85 ROYAL MINT STREET |
20 May 2021 | £813,958 | £715,000 | FLAT 100 85 ROYAL MINT STREET |
20 Oct 2020 | £1,063,590 | £900,000 | FLAT 211 85 ROYAL MINT STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 15 Nov 2019. Using an estimated price of £1,025,752 means this house is valued at £14,447 per sq meter (£1,342 per sq foot).
The average size of a house on ROYAL MINT STREET is 63 sq meters (688 sq feet).