£438,473
This estimated value is based upon the latest sale price for the house of £425,000 on 19 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
61 Wallis Road, Hackney Wick, E9 5LH
Phone: 02080223255
| Price Paid | Date |
|---|---|
| £425,000 | 19 Dec 2023 |
| £375,000 | 26 May 2021 |
| £310,000 | 5 Aug 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2023 the House Price Index for GREATER LONDON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £425,000 results in an estimated price of approximately £438,473.
| 19 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £425,000 | £13,473 | £438,473 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | -36.294 % | £-154,250 | £270,749 |
| 3 Month Average | -1.903 % | £-8,087 | £416,912 |
| 6 Month Average | 1.112 % | £4,727 | £429,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £438,473 | £425,000 | FLAT 47 ASHMEAD HOUSE HOMERTON ROAD |
| 10 Nov 2023 | £235,990 | £230,000 | FLAT 46 WATERMEAD HOUSE HOMERTON ROAD |
| 10 Nov 2023 | £274,021 | £267,065 | FLAT 59 RUNNYMEDE HOUSE HOMERTON ROAD |
| 15 Mar 2023 | £396,624 | £390,000 | FLAT 65 KINGSMEAD HOUSE HOMERTON ROAD |
| 31 Jan 2023 | £391,045 | £390,000 | FLAT 28 WATERMEAD HOUSE HOMERTON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Nov 2015. Using an estimated price of £438,473 means this house is valued at £6,959 per sq meter (£646 per sq foot).
The average size of a house on HOMERTON ROAD is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Homerton Road |
| Apr 2024 | Anti-social behaviour | On or near Kingsmead Way | |
| Apr 2024 | Anti-social behaviour | On or near Kingsmead Way | |
| Apr 2024 | Anti-social behaviour | On or near Kingsmead Way | |
| Apr 2024 | Anti-social behaviour | On or near Kingsmead Way |