£8,251
This estimated value is based upon the latest sale price for the house of £5,918 on 10 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
Price Paid | Date |
---|---|
£5,918 | 10 Dec 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £5,918 results in an estimated price of approximately £8,251.
10 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £5,918 | £2,333 | £8,251 |
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 | 6.005 % | £355 | £6,273 |
3 Month Average | 15.176 % | £898 | £6,816 |
6 Month Average | 12.866 % | £761 | £6,679 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £429,467 | £420,000 | FLAT 307 HOEY COURT, 4 BARRY BLANDFORD WAY |
12 Jan 2023 | £25,067 | £25,000 | CAR PARKING SPACE 32A LIME QUARTER CRANWELL CLOSE |
11 Nov 2022 | £19,907 | £20,000 | CAR PARKING SPACE 4A LIME QUARTER CRANWELL CLOSE |
28 Jun 2022 | £25,546 | £25,000 | CAR PARKING SPACE 19A LIME QUARTER CRANWELL CLOSE |
10 Jun 2022 | £403,628 | £395,000 | FLAT 301 SKINNER COURT, 10 BARRY BLANDFORD WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 29 Sep 2015. Using an estimated price of £8,251 means this house is valued at £114 per sq meter (£10 per sq foot).
The average size of a house on BARRY BLANDFORD WAY is 62 sq meters (673 sq feet).