£274,609
This estimated value is based upon the latest sale price for the house of £265,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Station Passage
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72b George Lane, E18 1JJ
Phone: 02081284280
Price Paid | Date |
---|---|
£265,000 | 11 Mar 2022 |
£145,000 | 21 Jul 2020 |
Leasehold |
Floor Area: 53 sq meters or 570 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £265,000 results in an estimated price of approximately £274,609.
11 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £265,000 | £9,609 | £274,609 |
The Postcode Pricing Model uses changes in average sales price within the E18 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 | 14.439 % | £38,264 | £303,264 |
3 Month Average | 14.480 % | £38,373 | £303,373 |
6 Month Average | -5.400 % | £-14,310 | £250,689 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £279,133 | £275,000 | FLAT 1 GEORGIA CAROLINE HOUSE STATION PASSAGE |
1 Jun 2023 | £440,334 | £435,000 | 3 STATION PASSAGE |
8 Aug 2022 | £423,859 | £425,000 | 44 GEORGE LANE |
10 May 2022 | £687,963 | £675,000 | 7A MULBERRY WAY |
11 Mar 2022 | £274,610 | £265,000 | UNIT 3 ALEXANDER CHARLES HOUSE STATION PASSAGE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 24 May 2021. Using an estimated price of £274,610 means this house is valued at £5,181 per sq meter (£481 per sq foot).
The average size of a house on STATION PASSAGE is 73 sq meters (793 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Under investigation | On or near Station Passage |
Mar 2024 | Burglary | Under investigation | On or near Station Passage |
Mar 2024 | Vehicle crime | Under investigation | On or near Station Passage |
Mar 2024 | Drugs | Under investigation | On or near Station Passage |
Mar 2024 | Vehicle crime | Under investigation | On or near Station Passage |