£511,619
This estimated value is based upon the latest sale price for the house of £500,000 on 2 Oct 2023. 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 Iceland Road
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
Price Paid | Date |
---|---|
£500,000 | 2 Oct 2023 |
£440,000 | 31 Jul 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £500,000 results in an estimated price of approximately £511,619.
2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £500,000 | £11,619 | £511,619 |
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 | -24.666 % | £-123,328 | £376,671 |
3 Month Average | -13.107 % | £-65,535 | £434,464 |
6 Month Average | -6.913 % | £-34,563 | £465,436 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £508,113 | £492,500 | FLAT 105 INK COURT, 419 WICK LANE |
2 Oct 2023 | £511,620 | £500,000 | FLAT 312 INK COURT, 419 WICK LANE |
29 Sep 2023 | £541,947 | £530,000 | FLAT 113 INK COURT, 419 WICK LANE |
22 Sep 2023 | £608,412 | £595,000 | FLAT 207 INK COURT, 419 WICK LANE |
20 Jun 2023 | £510,225 | £500,000 | FLAT 214 INK COURT, 419 WICK LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 27 Sep 2021. Using an estimated price of £511,620 means this house is valued at £5,442 per sq meter (£505 per sq foot).
The average size of a house on WICK LANE is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Iceland Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Iceland Road |
Apr 2024 | Other theft | Under investigation | On or near Wick Lane |
Apr 2024 | Burglary | Under investigation | On or near Wick Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wick Lane |