£434,945
This estimated value is based upon the latest sale price for the house of £269,000 on 23 Dec 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Commercial Street, Spitalfields, E1 6BD
Phone: 02034630249
Price Paid | Date |
---|---|
£269,000 | 23 Dec 2013 |
£180,000 | 6 Dec 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 2013 the House Price Index for GREATER LONDON was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £269,000 results in an estimated price of approximately £434,945.
23 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £269,000 | £165,945 | £434,945 |
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 | 34.088 % | £91,695 | £360,695 |
3 Month Average | 51.438 % | £138,367 | £407,367 |
6 Month Average | 48.700 % | £131,002 | £400,002 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £378,340 | £370,000 | FLAT 11 ARCADIA COURT, 45 OLD CASTLE STREET |
3 Mar 2023 | £370,182 | £364,000 | FLAT 18 ARCADIA COURT, 45 OLD CASTLE STREET |
31 Jan 2023 | £325,871 | £325,000 | FLAT 40 ARCADIA COURT, 45 OLD CASTLE STREET |
21 Jun 2022 | £391,366 | £383,000 | FLAT 6 ARCADIA COURT, 45 OLD CASTLE STREET |
22 Sep 2021 | £363,666 | £335,000 | FLAT 1 73 WENTWORTH STREET |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 9 Oct 2013. Using an estimated price of £434,946 means this house is valued at £12,081 per sq meter (£1,122 per sq foot).
The average size of a house on OLD CASTLE STREET is 52 sq meters (564 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Toynbee Street | |
Apr 2024 | Anti-social behaviour | On or near Toynbee Street | |
Apr 2024 | Public order | Under investigation | On or near Toynbee Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Toynbee Street |
Apr 2024 | Anti-social behaviour | On or near Toynbee Street |