£338,788
This estimated value is based upon the latest sale price for the house of £317,500 on 1 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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53 Chatsworth Road, London, E5 0LH
Phone: 02080225553
| Price Paid | Date |
|---|---|
| £317,500 | 1 Dec 2021 |
| £280,000 | 17 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £317,500 results in an estimated price of approximately £338,788.
| 1 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £317,500 | £21,288 | £338,788 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | 72.892 % | £231,431 | £548,931 |
| 3 Month Average | 14.443 % | £45,854 | £363,354 |
| 6 Month Average | 38.221 % | £121,350 | £438,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £535,061 | £530,000 | FLAT 23 17 DALEY STREET |
| 20 Jun 2023 | £378,065 | £375,000 | FLAT 5 NISBET HOUSE HOMERTON HIGH STREET |
| 14 Apr 2023 | £372,771 | £370,000 | FLAT 16 NISBET HOUSE HOMERTON HIGH STREET |
| 31 Mar 2023 | £291,576 | £290,000 | FLAT 191 NISBET HOUSE HOMERTON HIGH STREET |
| 1 Feb 2023 | £338,399 | £340,000 | FLAT 11 MUSGROVE HOUSE HASSETT ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 3 Oct 2015. Using an estimated price of £338,789 means this house is valued at £7,058 per sq meter (£655 per sq foot).
The average size of a house on HOMERTON HIGH STREET is 67 sq meters (721 sq feet).