£1,391,666
This estimated value is based upon the latest sale price for the house of £1,065,000 on 18 Jan 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1-3 Station Parade, High Street, Wanstead, E11 1QF
Phone: 02080335915
Price Paid | Date |
---|---|
£1,065,000 | 18 Jan 2017 |
Detached |
Freehold |
Floor Area: 191 sq meters or 2,055 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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £1,065,000 results in an estimated price of approximately £1,391,666.
18 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £1,065,000 | £326,666 | £1,391,666 |
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 | -37.426 % | £-398,587 | £666,412 |
3 Month Average | 32.909 % | £350,480 | £1,415,480 |
6 Month Average | 12.994 % | £138,390 | £1,203,390 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £680,957 | £675,000 | 8 LAYBROOK LODGE, 63 SNARESBROOK ROAD |
4 Aug 2023 | £1,462,797 | £1,450,000 | 37 MALFORD GROVE |
18 Jul 2023 | £1,368,417 | £1,350,000 | 7 HERMITAGE CLOSE |
18 Mar 2022 | £1,942,992 | £1,875,000 | 15 MALFORD GROVE |
9 Nov 2021 | £702,984 | £650,000 | FLAT 7 ST. AUBYNS, 61 SNARESBROOK ROAD |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 16 Feb 2016. Using an estimated price of £1,391,667 means this house is valued at £7,286 per sq meter (£676 per sq foot).
The average size of a house on HERMITAGE WALK is 100 sq meters (1,085 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hermitage Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hermitage Close |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Snaresbrook Road |