£1,780,286
This estimated value is based upon the latest sale price for the house of £425,000 on 16 Sep 1999. 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 East Smithfield
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55 Royal Mint Street, London, E1 8LG
Phone: 02081154399
| Price Paid | Date |
|---|---|
| £425,000 | 16 Sep 1999 |
| £385,000 | 23 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 1999 the House Price Index for GREATER LONDON was 35.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 318.891%.Applying this 318.891% change to the original purchase price of £425,000 results in an estimated price of approximately £1,780,286.
| 16 Sep 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.0 | 318.891 % | £425,000 | £1,355,286 | £1,780,286 |
The Postcode Pricing Model uses changes in average sales price within the E1W 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 | 131.063 % | £557,017 | £982,017 |
| 3 Month Average | 185.562 % | £788,637 | £1,213,637 |
| 6 Month Average | 278.279 % | £1,182,686 | £1,607,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £530,028 | £520,000 | FLAT 28 ROYAL TOWER LODGE, 40 CARTWRIGHT STREET |
| 27 Mar 2023 | £1,407,609 | £1,400,000 | FLAT 41 MERGANSER COURT STAR PLACE |
| 6 May 2022 | £925,761 | £912,000 | FLAT 42 OSPREY COURT STAR PLACE |
| 27 Sep 2021 | £1,593,764 | £1,485,000 | FLAT 53 MERGANSER COURT STAR PLACE |
| 23 Sep 2020 | £2,246,916 | £1,900,000 | FLAT 49 ROYAL TOWER LODGE, 40 CARTWRIGHT STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 25 Oct 2021. Using an estimated price of £1,780,287 means this house is valued at £18,353 per sq meter (£1,705 per sq foot).
The average size of a house on STAR PLACE is 104 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near East Smithfield |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near East Smithfield |
| Feb 2024 | Burglary | Under investigation | On or near East Smithfield |
| Jan 2024 | Burglary | Under investigation | On or near East Smithfield |
| Jan 2024 | Anti-social behaviour | On or near East Smithfield |