£466,940
This estimated value is based upon the latest sale price for the house of £370,000 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6-8 Great Eastern Street, EC2A 3NT
Phone: 02081151424
| Price Paid | Date |
|---|---|
| £370,000 | 24 Oct 2017 |
| £67,000 | 17 Sep 1998 |
| £39,500 | 24 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 301 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 October 2017 the House Price Index for GREATER LONDON was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £370,000 results in an estimated price of approximately £466,940.
| 24 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £370,000 | £96,940 | £466,940 |
The Postcode Pricing Model uses changes in average sales price within the EC2A 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 | -12.037 % | £-44,537 | £325,462 |
| 3 Month Average | -41.329 % | £-152,916 | £217,083 |
| 6 Month Average | 59.229 % | £219,146 | £589,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Nov 2021 | £432,606 | £400,000 | UNIT E PENNYBANK CHAMBERS, 1 FAIRCHILD PLACE |
| 6 May 2021 | £1,664,540 | £1,472,995 | FLAT 3406 2 PRINCIPAL PLACE |
| 9 Oct 2020 | £1,407,700 | £1,200,000 | FLAT 2507 2 PRINCIPAL PLACE |
| 21 Jul 2020 | £350,669 | £290,000 | RETAIL UNIT PLOUGH YARD |
| 21 Jul 2020 | £1,632,424 | £1,350,000 | RETAIL UNIT BOWL COURT |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 4 Mar 2021. Using an estimated price of £466,940 means this house is valued at £16,676 per sq meter (£1,549 per sq foot).
The average size of a house on FAIRCHILD PLACE is 54 sq meters (591 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Fairchild Place |
| Dec 2023 | Robbery | Awaiting court outcome | On or near Fairchild Place |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Fairchild Place |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fairchild Place |
| Jan 2024 | Vehicle crime | Under investigation | On or near Plough Yard |