£422,426
This estimated value is based upon the latest sale price for the house of £305,550 on 5 Jan 2016. 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 |
---|---|
£305,550 | 5 Jan 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £305,550 results in an estimated price of approximately £422,426.
5 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £305,550 | £116,876 | £422,426 |
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 | 13.776 % | £42,091 | £347,641 |
3 Month Average | 6.907 % | £21,105 | £326,655 |
6 Month Average | 6.573 % | £20,083 | £325,633 |
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 53 sq meters or 570 sq feet when measured on 29 Sep 2015. Using an estimated price of £422,427 means this house is valued at £7,970 per sq meter (£740 per sq foot).
The average size of a house on BARRY BLANDFORD WAY is 62 sq meters (673 sq feet).