£257,219
This estimated value is based upon the latest sale price for the house of £191,750 on 18 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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789 Commercial Road, St Anne St, Limehouse, London, E14 7HG
Phone: 02034783371
Price Paid | Date |
---|---|
£191,750 | 18 Jul 2016 |
£112,500 | 20 Jul 2012 |
£57,995 | 28 Jul 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £191,750 results in an estimated price of approximately £257,219.
18 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £191,750 | £65,469 | £257,219 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | 15.666 % | £30,040 | £221,790 |
3 Month Average | -2.799 % | £-5,366 | £186,383 |
6 Month Average | 9.369 % | £17,964 | £209,714 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £427,861 | £417,000 | FLAT 104 MISSION BUILDING, 747 COMMERCIAL ROAD |
10 Nov 2023 | £436,069 | £425,000 | FLAT 112 MISSION BUILDING, 747 COMMERCIAL ROAD |
10 Dec 2021 | £518,068 | £480,000 | FLAT 113 MISSION BUILDING, 747 COMMERCIAL ROAD |
29 Jun 2021 | £518,816 | £480,000 | FLAT 407 MISSION BUILDING, 747 COMMERCIAL ROAD |
20 Nov 2020 | £601,487 | £515,000 | FLAT 301 MISSION BUILDING, 747 COMMERCIAL ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Feb 2016. Using an estimated price of £257,220 means this house is valued at £3,897 per sq meter (£362 per sq foot).
The average size of a house on COMMERCIAL ROAD is 71 sq meters (772 sq feet).