£342,551
This estimated value is based upon the latest sale price for the house of £335,000 on 14 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
| Price Paid | Date |
|---|---|
| £335,000 | 14 Sep 2023 |
| £313,000 | 29 Jun 2018 |
| £218,800 | 3 Apr 2012 |
| £199,000 | 25 Jul 2005 |
| 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £335,000 results in an estimated price of approximately £342,551.
| 14 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £335,000 | £7,551 | £342,551 |
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 | -10.608 % | £-35,537 | £299,462 |
| 3 Month Average | -0.842 % | £-2,822 | £332,177 |
| 6 Month Average | -6.863 % | £-22,992 | £312,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £342,551 | £335,000 | FLAT 1 CROWNGATE HOUSE, 2 HEREFORD ROAD |
| 4 Aug 2023 | £448,082 | £440,000 | FLAT 16 QUEENSGATE HOUSE, 1 HEREFORD ROAD |
| 30 Jun 2023 | £487,265 | £477,500 | FLAT 2 CROWNGATE HOUSE, 2 HEREFORD ROAD |
| 31 Mar 2023 | £452,558 | £445,000 | FLAT 3 CROWNGATE HOUSE, 2 HEREFORD ROAD |
| 15 Mar 2023 | £305,095 | £300,000 | FLAT 28 CROWNGATE HOUSE, 2 HEREFORD ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 16 Apr 2010. Using an estimated price of £342,551 means this house is valued at £6,463 per sq meter (£600 per sq foot).
The average size of a house on HEREFORD ROAD is 63 sq meters (686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Malmesbury Road | |
| Oct 2024 | Anti-social behaviour | On or near Malmesbury Road | |
| Aug 2024 | Anti-social behaviour | On or near Malmesbury Road | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Malmesbury Road |
| Aug 2024 | Anti-social behaviour | On or near Malmesbury Road |