£607,440
This estimated value is based upon the latest sale price for the house of £490,000 on 6 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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133 Chimney Parade, E3 2GY
Phone: 02080330878
Price Paid | Date |
---|---|
£490,000 | 6 Aug 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £490,000 results in an estimated price of approximately £607,440.
6 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £490,000 | £117,440 | £607,440 |
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 | -31.870 % | £-156,162 | £333,837 |
3 Month Average | -8.369 % | £-41,006 | £448,993 |
6 Month Average | 2.872 % | £14,071 | £504,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £495,217 | £480,000 | FLAT 307 ICEMAID COURT, 15 ROOKWOOD WAY |
18 Jun 2023 | £479,611 | £470,000 | FLAT 507 ICEMAID COURT, 15 ROOKWOOD WAY |
15 Jul 2022 | £444,453 | £440,000 | FLAT 203 TORCHBEARER COURT, 16 WYKE ROAD |
17 Feb 2022 | £470,123 | £445,000 | FLAT 501 WHITEMANTLE COURT, 25 ROOKWOOD WAY |
20 Dec 2019 | £790,941 | £640,000 | FLAT 308 WHITEMANTLE COURT, 25 ROOKWOOD WAY |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 1 Jul 2019. Using an estimated price of £607,440 means this house is valued at £12,148 per sq meter (£1,128 per sq foot).
The average size of a house on ROOKWOOD WAY is 70 sq meters (758 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Wyke Road |