£463,306
This estimated value is based upon the latest sale price for the house of £437,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Wellington Road, E11 2AS
Phone: 02081285537
| Price Paid | Date |
|---|---|
| £437,000 | 21 Jan 2022 |
| £437,000 | 12 May 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £437,000 results in an estimated price of approximately £463,306.
| 21 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £437,000 | £26,306 | £463,306 |
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 | 29.445 % | £128,673 | £565,673 |
| 3 Month Average | 5.065 % | £22,133 | £459,133 |
| 6 Month Average | 12.375 % | £54,077 | £491,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £332,891 | £330,000 | FLAT 3 CRANBOURNE COURT HERMON HILL |
| 18 Dec 2023 | £440,537 | £427,000 | FLAT 9 NEWBURY COURT HERMON HILL |
| 15 Jun 2023 | £1,377,607 | £1,350,000 | 7 CRANBOURNE AVENUE |
| 24 Mar 2023 | £376,284 | £370,000 | FLAT 11 CLOCK COURT VICTORY ROAD |
| 20 Mar 2023 | £416,963 | £410,000 | FLAT 4 THE GREAT HALL VICTORY ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 6 Sep 2016. Using an estimated price of £463,307 means this house is valued at £7,239 per sq meter (£672 per sq foot).
The average size of a house on HERMON HILL is 66 sq meters (713 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Falcon Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Falcon Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Falcon Way |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Way |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Way |