£424,079
This estimated value is based upon the latest sale price for the house of £400,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Sterling House, Fulbourne Road, London, E17 4EE
Phone: 02081154908
Price Paid | Date |
---|---|
£400,000 | 21 Jan 2022 |
£265,000 | 25 Apr 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £400,000 results in an estimated price of approximately £424,079.
21 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £400,000 | £24,079 | £424,079 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | -34.715 % | £-138,861 | £261,138 |
3 Month Average | 4.464 % | £17,856 | £417,856 |
6 Month Average | 1.775 % | £7,100 | £407,100 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £392,047 | £380,000 | FLAT 13 CITIUS COURT, 5 JACKS FARM WAY |
24 Oct 2023 | £388,831 | £380,000 | 18 HAVANT ROAD |
14 Jun 2023 | £494,918 | £485,000 | 9 JACKS FARM WAY |
1 Feb 2023 | £835,582 | £830,000 | 83 TURNER ROAD |
19 Aug 2022 | £411,926 | £410,000 | 18A HAVANT ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Nov 2013. Using an estimated price of £424,079 means this house is valued at £6,524 per sq meter (£606 per sq foot).
The average size of a house on JACKS FARM WAY is 67 sq meters (726 sq feet).