£114,939
This estimated value is based upon the latest sale price for the house of £20,000 on 24 Nov 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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488 Bethnal Green Road, London, E2 0EA
Phone: 02080339016
Price Paid | Date |
---|---|
£20,000 | 24 Nov 1995 |
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 November 1995 the House Price Index for GREATER LONDON was 26.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.697%.Applying this 474.697% change to the original purchase price of £20,000 results in an estimated price of approximately £114,939.
24 Nov 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.0 | 149.7 | 474.697 % | £20,000 | £94,939 | £114,939 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 693.440 % | £138,688 | £158,688 |
3 Month Average | 667.546 % | £133,509 | £153,509 |
6 Month Average | 622.014 % | £124,402 | £144,402 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £638,713 | £622,500 | 47 SUNLIGHT SQUARE |
3 Feb 2023 | £402,690 | £400,000 | FLAT 19 NORDEN HOUSE POTT STREET |
19 Jul 2022 | £848,502 | £840,000 | 60 SUNLIGHT SQUARE |
29 Apr 2022 | £648,389 | £625,000 | 70 SUNLIGHT SQUARE |
29 Sep 2021 | £1,028,577 | £947,500 | 74 SUNLIGHT SQUARE |