£274,816
This estimated value is based upon the latest sale price for the house of £275,000 on 16 Sep 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Office 9, Cedar House, Hainault Business Park, 58 Peregrine Road, Hainault, IG6 3SZ
Phone: 02045162057
Price Paid | Date |
---|---|
£275,000 | 16 Sep 2022 |
£244,995 | 31 Mar 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 2022 the House Price Index for GREATER LONDON was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £275,000 results in an estimated price of approximately £274,816.
16 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.8 | 149.7 | -0.067 % | £275,000 | £-183 | £274,816 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | -47.850 % | £-131,586 | £143,413 |
3 Month Average | -0.569 % | £-1,565 | £273,434 |
6 Month Average | -4.015 % | £-11,041 | £263,958 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £443,765 | £432,500 | 52 FIVE OAKS LANE |
19 Aug 2023 | £341,153 | £335,000 | 3 BLACKTHORN HOUSE, 1 BLACKTHORN AVENUE |
16 Sep 2022 | £274,816 | £275,000 | 3 OAK HOUSE, 8 FIVE OAKS LANE |
15 Aug 2022 | £106,498 | £106,000 | 4 YARROW HOUSE, 5 ALLERTON GROVE |
1 Aug 2022 | £324,517 | £323,000 | 13 BLACKTHORN HOUSE, 1 BLACKTHORN AVENUE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 14 Mar 2017. Using an estimated price of £274,816 means this house is valued at £5,974 per sq meter (£555 per sq foot).
The average size of a house on FIVE OAKS LANE is 90 sq meters (969 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Thistle Close |
Apr 2024 | Anti-social behaviour | On or near Lotus Close | |
Apr 2024 | Anti-social behaviour | On or near Lotus Close | |
Apr 2024 | Anti-social behaviour | On or near Lotus Close | |
Apr 2024 | Anti-social behaviour | On or near Lotus Close |