£459,591
This estimated value is based upon the latest sale price for the house of £438,000 on 13 Sep 2024. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Falcon Way
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Wellington Road, E11 2AS
Phone: 02081285537
Price Paid | Date |
---|---|
£438,000 | 13 Sep 2024 |
£450,000 | 31 Mar 2016 |
£172,500 | 31 Jul 2009 |
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 September 2024 the House Price Index for GREATER LONDON was 99.4.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 4.930%.Applying this 4.930% change to the original purchase price of £438,000 results in an estimated price of approximately £459,591.
13 Sep 2024 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.4 | 104.3 | 4.930 % | £438,000 | £21,591 | £459,591 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | 38.127 % | £166,996 | £604,996 |
3 Month Average | -1.773 % | £-7,767 | £430,232 |
6 Month Average | 2.717 % | £11,901 | £449,901 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Mar 2025 | £502,000 | £502,000 | 106A HERMON HILL |
18 Dec 2024 | £335,287 | £325,000 | FLAT 57 CLOCK COURT VICTORY ROAD |
13 Sep 2024 | £459,592 | £438,000 | FLAT 13 NEWBURY COURT HERMON HILL |
30 Aug 2024 | £359,746 | £342,500 | FLAT 55 CLOCK COURT VICTORY ROAD |
18 Dec 2023 | £458,662 | £427,000 | FLAT 9 NEWBURY COURT HERMON HILL |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 4 Dec 2018. Using an estimated price of £459,592 means this house is valued at £6,963 per sq meter (£646 per sq foot).
The average size of a house on HERMON HILL is 66 sq meters (712 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Burglary | Investigation complete; no suspect identified | On or near Falcon Way |
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Falcon Way |
Apr 2025 | Theft from the person | Investigation complete; no suspect identified | On or near Victory Road |
Apr 2025 | Violence and sexual offences | Under investigation | On or near Victory Road |
Feb 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Victory Road |