£540,611
This estimated value is based upon the latest sale price for the house of £537,000 on 17 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Falcon Way
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Wellington Road, E11 2AS
Phone: 02081285537
| Price Paid | Date |
|---|---|
| £537,000 | 17 Feb 2023 |
| £468,000 | 30 Oct 2019 |
| £218,000 | 31 Mar 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 February 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £537,000 results in an estimated price of approximately £540,611.
| 17 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £537,000 | £3,611 | £540,611 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | -17.520 % | £-94,080 | £442,919 |
| 3 Month Average | -7.309 % | £-39,250 | £497,749 |
| 6 Month Average | -0.813 % | £-4,364 | £532,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £482,412 | £475,000 | FLAT 36 EAGLE COURT HERMON HILL |
| 29 Nov 2023 | £495,067 | £482,500 | FLAT 39 EAGLE COURT HERMON HILL |
| 29 Nov 2023 | £469,416 | £457,500 | FLAT 38 EAGLE COURT HERMON HILL |
| 17 Oct 2023 | £506,504 | £495,000 | 8 FALCON WAY |
| 22 Sep 2023 | £562,398 | £550,000 | FLAT 29 EAGLE COURT HERMON HILL |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 6 Sep 2019. Using an estimated price of £540,611 means this house is valued at £6,435 per sq meter (£597 per sq foot).
The average size of a house on HERMON HILL is 66 sq meters (713 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Falcon Way |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Falcon Way |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Falcon Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trafalgar Place |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trafalgar Place |