£401,914
This estimated value is based upon the latest sale price for the house of £385,000 on 29 Mar 2022. 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 The Drive
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
| Price Paid | Date |
|---|---|
| £385,000 | 29 Mar 2022 |
| £275,000 | 22 May 2015 |
| £138,000 | 3 Oct 2012 |
| £138,000 | 3 Oct 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £385,000 results in an estimated price of approximately £401,914.
| 29 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £385,000 | £16,914 | £401,914 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 5.519 % | £21,248 | £406,248 |
| 3 Month Average | 9.992 % | £38,469 | £423,469 |
| 6 Month Average | 25.448 % | £97,974 | £482,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £401,709 | £395,000 | FLAT 10 TRINITY HOUSE THE DRIVE |
| 27 May 2022 | £392,218 | £382,000 | 100 ATTLEE TERRACE |
| 29 Mar 2022 | £401,914 | £385,000 | FLAT 8 GOWER HOUSE THE DRIVE |
| 16 Mar 2022 | £297,521 | £285,000 | 31 ATTLEE TERRACE |
| 12 Oct 2021 | £459,801 | £412,500 | FLAT 7 HIBISCUS HOUSE, 1 VINE STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 Oct 2021. Using an estimated price of £401,914 means this house is valued at £6,279 per sq meter (£583 per sq foot).
The average size of a house on THE DRIVE is 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near The Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Drive |
| Oct 2024 | Anti-social behaviour | On or near The Drive | |
| Oct 2024 | Burglary | Under investigation | On or near The Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Drive |