£284,654
This estimated value is based upon the latest sale price for the house of £281,000 on 1 Nov 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 Spencer Way
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16 Tarling Street, London, E1 0AD
Phone: 02080225525
Price Paid | Date |
---|---|
£281,000 | 1 Nov 2023 |
£365,000 | 22 Feb 2018 |
£279,950 | 8 Aug 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 451 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 November 2023 the House Price Index for GREATER LONDON was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £281,000 results in an estimated price of approximately £284,654.
1 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.0 | 1.300 % | £281,000 | £3,654 | £284,654 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | -22.077 % | £-62,036 | £218,963 |
3 Month Average | -23.260 % | £-65,360 | £215,639 |
6 Month Average | -19.070 % | £-53,586 | £227,413 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £203,857 | £200,000 | 87 - 89 WATNEY STREET |
1 Dec 2023 | £494,353 | £485,000 | FLAT 4 OLD STATION HOUSE, 58 CORNWALL STREET |
1 Nov 2023 | £284,654 | £281,000 | FLAT 86 KELDAY HEIGHTS, 2 SPENCER WAY |
13 Sep 2022 | £323,565 | £327,500 | FLAT 6 89 WATNEY STREET |
30 Aug 2022 | £327,785 | £330,000 | FLAT 2 89 WATNEY STREET |
This house has a floor area of 41 sq meters or 451 sq feet when measured on 22 Jul 2009. Using an estimated price of £284,654 means this house is valued at £6,779 per sq meter (£629 per sq foot).
The average size of a house on SPENCER WAY is 62 sq meters (667 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Spencer Way |
Mar 2024 | Anti-social behaviour | On or near Spencer Way | |
Mar 2024 | Shoplifting | Under investigation | On or near Spencer Way |
Mar 2024 | Bicycle theft | Under investigation | On or near Spencer Way |
Feb 2024 | Other theft | Under investigation | On or near Spencer Way |