£594,529
This estimated value is based upon the latest sale price for the house of £395,000 on 25 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
Price Paid | Date |
---|---|
£395,000 | 25 Sep 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 September 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £395,000 results in an estimated price of approximately £594,529.
25 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £395,000 | £199,529 | £594,529 |
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 | 34.555 % | £136,490 | £531,490 |
3 Month Average | 37.240 % | £147,098 | £542,098 |
6 Month Average | 37.338 % | £147,484 | £542,484 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £243,108 | £240,000 | FLAT 40 GAYTON HOUSE CHILTERN ROAD |
15 Sep 2023 | £709,066 | £700,000 | 7 SPANBY ROAD |
24 Aug 2023 | £267,339 | £265,000 | FLAT 39 LEADENHAM COURT, 19 SPANBY ROAD |
16 Aug 2023 | £353,089 | £350,000 | 104 FAIRFOOT ROAD |
4 Aug 2023 | £554,854 | £550,000 | APARTMENT 503 COOMBE HOUSE, 17 KNAPP ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Jun 2014. Using an estimated price of £594,530 means this house is valued at £8,034 per sq meter (£746 per sq foot).
The average size of a house on KNAPP ROAD is 83 sq meters (894 sq feet).