£223,214
This estimated value is based upon the latest sale price for the house of £115,000 on 9 Aug 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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220 Commercial Road, Aldgate, London, E1 2JT
Phone: 02077680986
Price Paid | Date |
---|---|
£115,000 | 9 Aug 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 August 2004 the House Price Index for GREATER LONDON was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £115,000 results in an estimated price of approximately £223,214.
9 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 149.7 | 94.099 % | £115,000 | £108,214 | £223,214 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | 146.372 % | £168,327 | £283,327 |
3 Month Average | 136.301 % | £156,746 | £271,746 |
6 Month Average | 157.408 % | £181,018 | £296,018 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Aug 2024 | £355,000 | £355,000 | 20 CHAPMAN STREET |
19 Apr 2024 | £353,066 | £350,000 | FLAT 42 RICHARD NEALE HOUSE CORNWALL STREET |
27 Oct 2023 | £388,831 | £380,000 | FLAT 27 HANNAH BUILDING, 56 WATNEY STREET |
31 Jan 2023 | £426,139 | £425,000 | FLAT 50 RICHARD NEALE HOUSE CORNWALL STREET |
19 Oct 2022 | £378,735 | £380,000 | FLAT 2 40 HAINTON CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 12 Dec 2014. Using an estimated price of £223,214 means this house is valued at £4,211 per sq meter (£391 per sq foot).
The average size of a house on BIGLAND STREET is 77 sq meters (838 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Theft from the person | Under investigation | On or near Tillman Street |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pace Place |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Pace Place |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Bigland Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bigland Street |