£420,194
This estimated value is based upon the latest sale price for the house of £245,000 on 15 Jan 2010. 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 |
|---|---|
| £245,000 | 15 Jan 2010 |
| Flats/Maisonettes |
| Leasehold |
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 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £245,000 results in an estimated price of approximately £420,194.
| 15 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.508 % | £245,000 | £175,194 | £420,194 |
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 | -19.897 % | £-48,747 | £196,252 |
| 3 Month Average | 52.403 % | £128,387 | £373,387 |
| 6 Month Average | 85.347 % | £209,100 | £454,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £406,011 | £400,000 | UNIT B 3 MENTMORE TERRACE |
| 17 Aug 2023 | £554,854 | £550,000 | FLAT 2 39 GRANSDEN AVENUE |
| 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 |
| 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 |