£493,773
This estimated value is based upon the latest sale price for the house of £270,000 on 22 Dec 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58 St Paul's Way, London, E3 4AL
Phone: 02036419816
Price Paid | Date |
---|---|
£270,000 | 22 Dec 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 2008 the House Price Index for GREATER LONDON was 81.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.879%.Applying this 82.879% change to the original purchase price of £270,000 results in an estimated price of approximately £493,773.
22 Dec 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.9 | 149.7 | 82.879 % | £270,000 | £223,773 | £493,773 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 111.748 % | £301,719 | £571,719 |
3 Month Average | 90.402 % | £244,084 | £514,084 |
6 Month Average | 69.084 % | £186,527 | £456,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £358,110 | £355,000 | FLAT 57 PARK VIEW COURT, 215 DEVONS ROAD |
22 Mar 2024 | £482,412 | £475,000 | FLAT 49 PARK VIEW COURT, 215 DEVONS ROAD |
14 Sep 2022 | £54,668 | £54,705 | 28 BOW COMMON LANE |
18 Feb 2022 | £454,277 | £430,000 | FLAT 1 40 BOW COMMON LANE |
28 Sep 2020 | £376,794 | £315,000 | COMMERCIAL UNIT A 215 DEVONS ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 18 Jun 2021. Using an estimated price of £493,774 means this house is valued at £7,053 per sq meter (£655 per sq foot).
The average size of a house on DEVONS ROAD is 59 sq meters (643 sq feet).