£430,345
This estimated value is based upon the latest sale price for the house of £249,000 on 21 Dec 2009. 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 Fortescue Avenue
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115 Mare Street, London, E8 4RU
Phone: 02036415304
| Price Paid | Date |
|---|---|
| £249,000 | 21 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £249,000 results in an estimated price of approximately £430,345.
| 21 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £249,000 | £181,345 | £430,345 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | -10.836 % | £-26,980 | £222,019 |
| 3 Month Average | 55.645 % | £138,556 | £387,556 |
| 6 Month Average | 86.108 % | £214,409 | £463,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £406,011 | £400,000 | UNIT B 3 MENTMORE TERRACE |
| 4 Jul 2023 | £81,091 | £80,000 | UNIT 17 39 GRANSDEN AVENUE |
| 14 Feb 2023 | £349,765 | £350,000 | UNIT 3 5 MENTMORE TERRACE |
| 25 May 2022 | £764,403 | £750,000 | FLAT 5 31 - 33 FORTESCUE AVENUE |
| 13 May 2021 | £1,039,635 | £920,000 | FLAT 26 MENT HOUSE, 1B MENTMORE TERRACE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 11 Jun 2012. Using an estimated price of £430,346 means this house is valued at £5,815 per sq meter (£540 per sq foot).
The average size of a house on MENTMORE TERRACE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fortescue Avenue |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Mentmore Terrace |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mentmore Terrace |
| Dec 2023 | Burglary | Under investigation | On or near Mentmore Terrace |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Mentmore Terrace |