£613,161
This estimated value is based upon the latest sale price for the house of £500,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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61 Wallis Road, Hackney Wick, E9 5LH
Phone: 02080223255
| Price Paid | Date |
|---|---|
| £500,000 | 11 Oct 2019 |
| £425,000 | 28 Apr 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 714 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £500,000 results in an estimated price of approximately £613,161.
| 11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £500,000 | £113,161 | £613,161 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | -65.880 % | £-329,397 | £170,602 |
| 3 Month Average | -18.189 % | £-90,943 | £409,056 |
| 6 Month Average | 8.426 % | £42,128 | £542,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £4,543 | £4,500 | UNIT A-B JADE APARTMENTS HOMERTON ROAD |
| 11 Oct 2019 | £613,162 | £500,000 | FLAT 21 EMERALD APARTMENTS HOMERTON ROAD |
| 8 Jul 2019 | £453,882 | £368,000 | FLAT 71 SKY APARTMENTS HOMERTON ROAD |
| 28 Jun 2019 | £605,389 | £490,000 | FLAT 15 EMERALD APARTMENTS HOMERTON ROAD |
| 24 May 2019 | £568,623 | £460,000 | FLAT 3 RIVERWALK APARTMENTS HOMERTON ROAD |
This house has a floor area of 66 sq meters or 714 sq feet when measured on 20 Dec 2011. Using an estimated price of £613,162 means this house is valued at £9,234 per sq meter (£857 per sq foot).
The average size of a house on HOMERTON ROAD is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near King'S Mead Way | |
| Dec 2023 | Anti-social behaviour | On or near King'S Mead Way | |
| Dec 2023 | Anti-social behaviour | On or near King'S Mead Way | |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near King'S Mead Way |
| Dec 2023 | Anti-social behaviour | On or near King'S Mead Way |