£861,802
This estimated value is based upon the latest sale price for the house of £700,000 on 1 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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115 Mare Street, London, E8 4RU
Phone: 02036415304
Price Paid | Date |
---|---|
£700,000 | 1 May 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 101 sq meters or 1,087 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £700,000 results in an estimated price of approximately £861,802.
1 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.0 | 23.115 % | £700,000 | £161,802 | £861,802 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | 11.411 % | £79,875 | £779,875 |
3 Month Average | -13.941 % | £-97,583 | £602,416 |
6 Month Average | -2.522 % | £-17,655 | £682,344 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £222,563 | £219,706 | UNIT 16 39 GRANSDEN AVENUE |
23 Nov 2023 | £405,202 | £400,000 | UNIT B 3 MENTMORE TERRACE |
17 Aug 2023 | £553,365 | £550,000 | FLAT 2 39 GRANSDEN AVENUE |
14 Feb 2023 | £348,352 | £350,000 | UNIT 3 5 MENTMORE TERRACE |
25 May 2022 | £761,317 | £750,000 | FLAT 5 31 - 33 FORTESCUE AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 11 Jul 2018. Using an estimated price of £861,803 means this house is valued at £8,532 per sq meter (£792 per sq foot).
The average size of a house on LAMB LANE is 86 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Mentmore Terrace |
Apr 2024 | Theft from the person | Under investigation | On or near Mentmore Terrace |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Mentmore Terrace |
Feb 2024 | Other theft | Under investigation | On or near Mentmore Terrace |
Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Mentmore Terrace |