£528,214
This estimated value is based upon the latest sale price for the house of £115,501 on 14 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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124 Whitechapel Road, Aldgate, E1 1JE
Phone: 02081154030
| Price Paid | Date |
|---|---|
| £115,501 | 14 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 1999 the House Price Index for GREATER LONDON was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £115,501 results in an estimated price of approximately £528,214.
| 14 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £115,501 | £412,713 | £528,214 |
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 | 302.591 % | £349,495 | £464,996 |
| 3 Month Average | 387.426 % | £447,480 | £562,981 |
| 6 Month Average | 333.401 % | £385,082 | £500,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £1,124,795 | £1,100,000 | 42 MYRDLE STREET |
| 4 Sep 2023 | £751,568 | £735,000 | 15A NEW ROAD |
| 18 Aug 2023 | £162,939 | £160,000 | FLAT 23 121 NEW ROAD |
| 26 Aug 2022 | £1,085,074 | £1,080,000 | 60 PARFETT STREET |
| 16 Feb 2022 | £581,052 | £550,000 | 23B NEW ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 16 Sep 2016. Using an estimated price of £528,214 means this house is valued at £5,282 per sq meter (£490 per sq foot).
The average size of a house on NEW ROAD is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Romford Street |
| Apr 2024 | Drugs | Under investigation | On or near Romford Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Romford Street |