£177,558
This estimated value is based upon the latest sale price for the house of £170,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
| Price Paid | Date |
|---|---|
| £170,000 | 25 Feb 2022 |
| £150,000 | 9 Feb 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £170,000 results in an estimated price of approximately £177,558.
| 25 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £170,000 | £7,558 | £177,558 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | -19.883 % | £-33,800 | £136,199 |
| 3 Month Average | -4.008 % | £-6,813 | £163,186 |
| 6 Month Average | 2.244 % | £3,814 | £173,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2022 | £398,177 | £403,000 | 6 BROCK PLACE |
| 25 Feb 2022 | £178,278 | £170,000 | FLAT 202 ASHMORE HOUSE NORTH, 41 VIOLET ROAD |
| 23 Jun 2021 | £536,462 | £500,000 | FLAT 405 PILCH HOUSE, 27 VIOLET ROAD |
| 31 Jul 2020 | £471,589 | £390,000 | FLAT 2 2 VIOLET ROAD |
| 13 Jan 2020 | £54,851,096 | £44,970,451 | PHASE 1 BOW ENTERPRISE PARK |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 2 Jul 2021. Using an estimated price of £178,278 means this house is valued at £3,021 per sq meter (£280 per sq foot).
The average size of a house on VIOLET ROAD is 65 sq meters (706 sq feet).