£555,593
This estimated value is based upon the latest sale price for the house of £113,500 on 3 Dec 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit A Arlington Building The Bow Quarter , Fairfield Road, Bow, E3 2UB
Phone: 02034783594
Price Paid | Date |
---|---|
£113,500 | 3 Dec 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 1997 the House Price Index for GREATER LONDON was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £113,500 results in an estimated price of approximately £555,593.
3 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.4 | 148.6 | 389.509 % | £113,500 | £442,093 | £555,593 |
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 | 423.224 % | £480,359 | £593,859 |
3 Month Average | 436.975 % | £495,967 | £609,467 |
6 Month Average | 437.014 % | £496,010 | £609,510 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2023 | £324,781 | £325,000 | FLAT 401 MANHATTAN BUILDING FAIRFIELD ROAD |
22 Apr 2022 | £329,536 | £320,000 | FLAT 219 MANHATTAN BUILDING FAIRFIELD ROAD |
25 Mar 2022 | £346,630 | £334,500 | FLAT 315 MANHATTAN BUILDING FAIRFIELD ROAD |
10 Jan 2022 | £594,611 | £565,000 | FLAT 323 MANHATTAN BUILDING FAIRFIELD ROAD |
2 Jun 2020 | £411,745 | £340,000 | FLAT 443 MANHATTAN BUILDING FAIRFIELD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 25 Jul 2019. Using an estimated price of £555,593 means this house is valued at £8,818 per sq meter (£819 per sq foot).
The average size of a house on FAIRFIELD ROAD is 59 sq meters (642 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thomas Fyre Drive |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Thomas Fyre Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Thomas Fyre Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Thomas Fyre Drive |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Thomas Fyre Drive |