£319,515
This estimated value is based upon the latest sale price for the house of £315,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
Price Paid | Date |
---|---|
£315,000 | 24 Jun 2022 |
£299,999 | 5 Apr 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 June 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £315,000 results in an estimated price of approximately £319,515.
24 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £315,000 | £4,515 | £319,515 |
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 | -20.000 % | £-63,000 | £252,000 |
3 Month Average | -6.229 % | £-19,619 | £295,380 |
6 Month Average | 4.265 % | £13,435 | £328,435 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £381,678 | £375,000 | FLAT 530 LEXINGTON BUILDING FAIRFIELD ROAD |
10 Nov 2023 | £527,814 | £520,000 | FLAT 416 LEXINGTON BUILDING FAIRFIELD ROAD |
31 Mar 2023 | £353,329 | £350,000 | FLAT 114 LEXINGTON BUILDING BOW QUARTER, 60 FAIRFIELD ROAD |
22 Sep 2022 | £422,587 | £426,000 | FLAT 110 LEXINGTON BUILDING BOW QUARTER, 60 FAIRFIELD ROAD |
1 Jul 2022 | £374,007 | £373,000 | FLAT 410 LEXINGTON BUILDING FAIRFIELD ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 5 Nov 2021. Using an estimated price of £319,515 means this house is valued at £7,261 per sq meter (£674 per sq foot).
The average size of a house on FAIRFIELD ROAD is 59 sq meters (642 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thomas Fyre Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Thomas Fyre Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Thomas Fyre Drive |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Thomas Fyre Drive |
Dec 2023 | Anti-social behaviour | On or near Thomas Fyre Drive |