£659,238
This estimated value is based upon the latest sale price for the house of £510,000 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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73a Burdett Road, Mile End, London, E3 4TN
Phone: 02080223976
Price Paid | Date |
---|---|
£510,000 | 21 Apr 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £510,000 results in an estimated price of approximately £659,238.
21 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £510,000 | £149,238 | £659,238 |
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 | -8.698 % | £-44,361 | £465,638 |
3 Month Average | -4.003 % | £-20,413 | £489,586 |
6 Month Average | 26.072 % | £132,967 | £642,967 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Aug 2022 | £349,060 | £350,000 | FLAT 21 FIELDER APARTMENTS, 1 HEATH PLACE |
8 Apr 2022 | £803,243 | £780,000 | 19 MOSSFORD STREET |
11 Aug 2021 | £312,372 | £280,000 | FLAT 40 BECKLEY HOUSE HAMLETS WAY |
15 Dec 2020 | £499,255 | £435,000 | FLAT 3 WINDERMERE HOUSE, 74 ERIC STREET |
14 Dec 2020 | £255,940 | £223,000 | FLAT 9 BECKLEY HOUSE HAMLETS WAY |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Jan 2014. Using an estimated price of £659,238 means this house is valued at £9,694 per sq meter (£900 per sq foot).
The average size of a house on HEATH PLACE is 60 sq meters (655 sq feet).