£1,810,705
This estimated value is based upon the latest sale price for the house of £1,350,000 on 3 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Royal Mint Street, London, E1 8LG
Phone: 02081154399
| Price Paid | Date |
|---|---|
| £1,350,000 | 3 Aug 2016 |
| £385,000 | 23 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £1,350,000 results in an estimated price of approximately £1,810,705.
| 3 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £1,350,000 | £460,705 | £1,810,705 |
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 | -34.015 % | £-459,202 | £890,797 |
| 3 Month Average | -33.156 % | £-447,608 | £902,391 |
| 6 Month Average | -17.876 % | £-241,327 | £1,108,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £536,485 | £520,000 | FLAT 28 ROYAL TOWER LODGE, 40 CARTWRIGHT STREET |
| 27 Mar 2023 | £1,423,777 | £1,400,000 | FLAT 41 MERGANSER COURT STAR PLACE |
| 24 Jun 2022 | £495,594 | £485,000 | FLAT 12 43 - 45 EAST SMITHFIELD |
| 6 May 2022 | £936,395 | £912,000 | FLAT 42 OSPREY COURT STAR PLACE |
| 27 Sep 2021 | £1,612,070 | £1,485,000 | FLAT 53 MERGANSER COURT STAR PLACE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 18 Mar 2014. Using an estimated price of £1,810,705 means this house is valued at £15,344 per sq meter (£1,425 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 |