£299,870
This estimated value is based upon the latest sale price for the house of £240,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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634-636 Mile End Road, London, E3 4PH
Phone: 02036414705
Price Paid | Date |
---|---|
£240,000 | 23 Feb 2018 |
£160,000 | 11 Sep 2006 |
£112,000 | 31 Jan 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £240,000 results in an estimated price of approximately £299,870.
23 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £240,000 | £59,870 | £299,870 |
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 | 18.353 % | £44,048 | £284,048 |
3 Month Average | 6.223 % | £14,934 | £254,934 |
6 Month Average | 13.323 % | £31,974 | £271,974 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Sep 2022 | £238,077 | £240,000 | FLAT 37 ENNERDALE HOUSE, 121 HAMLETS WAY |
22 Aug 2022 | £423,859 | £425,000 | FLAT 18 LOWESWATER HOUSE, 22 SOUTHERN GROVE |
12 Aug 2022 | £349,060 | £350,000 | FLAT 21 FIELDER APARTMENTS, 1 HEATH PLACE |
11 Aug 2021 | £312,372 | £280,000 | FLAT 40 BECKLEY HOUSE HAMLETS WAY |
14 Dec 2020 | £255,940 | £223,000 | FLAT 9 BECKLEY HOUSE HAMLETS WAY |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 2 Mar 2018. Using an estimated price of £299,871 means this house is valued at £3,998 per sq meter (£371 per sq foot).
The average size of a house on HAMLETS WAY is 70 sq meters (760 sq feet).