£315,843
This estimated value is based upon the latest sale price for the house of £315,000 on 13 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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48 Church Lane, Leytonstone, London, E11 1HE
Phone: 02045170228
| Price Paid | Date |
|---|---|
| £315,000 | 13 Jan 2023 |
| £189,995 | 25 May 2012 |
| £59,450 | 12 Mar 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £315,000 results in an estimated price of approximately £315,843.
| 13 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £315,000 | £843 | £315,843 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | -4.111 % | £-12,950 | £302,049 |
| 3 Month Average | -1.186 % | £-3,736 | £311,263 |
| 6 Month Average | -1.041 % | £-3,278 | £311,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £316,022 | £308,000 | FLAT 1 DRAYTON HOUSE DRAYTON ROAD |
| 20 Feb 2023 | £311,078 | £309,000 | FLAT 12 FAIRLOP COURT FAIRLOP ROAD |
| 13 Jan 2023 | £315,844 | £315,000 | FLAT 3 BLOOMSBURY COURT CHELMSFORD ROAD |
| 3 Aug 2022 | £823,350 | £819,500 | 27 DRAYTON ROAD |
| 25 Mar 2022 | £211,918 | £203,000 | FLAT 5 BEECH COURT FAIRLOP ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 13 Nov 2020. Using an estimated price of £315,844 means this house is valued at £5,264 per sq meter (£489 per sq foot).
The average size of a house on CHELMSFORD ROAD is 83 sq meters (902 sq feet).