£736,549
This estimated value is based upon the latest sale price for the house of £450,000 on 29 Nov 2013. 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 |
|---|---|
| £450,000 | 29 Nov 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 November 2013 the House Price Index for GREATER LONDON was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £450,000 results in an estimated price of approximately £736,549.
| 29 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £450,000 | £286,549 | £736,549 |
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 | 38.277 % | £172,246 | £622,246 |
| 3 Month Average | 33.880 % | £152,462 | £602,462 |
| 6 Month Average | 37.426 % | £168,417 | £618,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £226,974 | £220,000 | FLAT 14 TYLNEY HOUSE NELSON STREET |
| 12 Apr 2023 | £361,767 | £355,000 | FLAT 6 TYLNEY HOUSE NELSON STREET |
| 19 Oct 2022 | £378,735 | £380,000 | FLAT 2 40 HAINTON CLOSE |
| 20 Jun 2022 | £107,294 | £105,000 | FLAT 3 2 FENTON STREET |
| 24 May 2022 | £3,028,909 | £2,950,000 | COMMERCIAL AREAS CANALETTO TOWER, 257 CITY ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Sep 2012. Using an estimated price of £736,550 means this house is valued at £12,699 per sq meter (£1,179 per sq foot).
The average size of a house on COMMERCIAL ROAD is 64 sq meters (693 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Buross Street |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Fenton Street |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Fenton Street |
| Oct 2024 | Robbery | Under investigation | On or near Fenton Street |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Fenton Street |