£598,411
This estimated value is based upon the latest sale price for the house of £410,000 on 20 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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121 Richmond Road, Hackney, E8 3NJ
Phone: 02045163511
| Price Paid | Date |
|---|---|
| £410,000 | 20 May 2015 |
| £280,000 | 16 Sep 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 530 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £410,000 results in an estimated price of approximately £598,411.
| 20 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £410,000 | £188,411 | £598,411 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | -54.012 % | £-221,448 | £188,551 |
| 3 Month Average | -12.435 % | £-50,982 | £359,017 |
| 6 Month Average | 15.320 % | £62,811 | £472,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £524,171 | £515,000 | 15 HACON SQUARE |
| 1 Aug 2023 | £721,310 | £715,000 | FLAT 70 ARTHAUS APARTMENTS, 205 RICHMOND ROAD |
| 21 Apr 2023 | £738,956 | £731,000 | FLAT 7 2 FLORFIELD ROAD |
| 23 Mar 2023 | £479,518 | £475,000 | FLAT 16 ARTHAUS APARTMENTS, 205 RICHMOND ROAD |
| 17 Feb 2023 | £1,748,823 | £1,750,000 | VERNON HALL FLORFIELD ROAD |
This house has a floor area of 49 sq meters or 530 sq feet when measured on 18 May 2011. Using an estimated price of £598,411 means this house is valued at £12,135 per sq meter (£1,127 per sq foot).
The average size of a house on RICHMOND ROAD is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Florfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Florfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Florfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Florfield Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Florfield Road |