£900,664
This estimated value is based upon the latest sale price for the house of £179,500 on 22 Aug 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Sandys Row, London, E1 7HW
Phone: 02073929155
| Price Paid | Date |
|---|---|
| £179,500 | 22 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 1997 the House Price Index for GREATER LONDON was 29.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 401.763%.Applying this 401.763% change to the original purchase price of £179,500 results in an estimated price of approximately £900,664.
| 22 Aug 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 148.0 | 401.763 % | £179,500 | £721,164 | £900,664 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | 260.849 % | £468,223 | £647,723 |
| 3 Month Average | 237.828 % | £426,900 | £606,400 |
| 6 Month Average | 298.415 % | £535,654 | £715,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £729,436 | £725,000 | FLAT 5 PRIORY HOUSE, 32 FOLGATE STREET |
| 20 Mar 2023 | £764,130 | £760,000 | FLAT 7 VANBURGH HOUSE, 40 FOLGATE STREET |
| 31 Jan 2023 | £802,947 | £810,000 | FLAT 3 VANBURGH HOUSE, 40 FOLGATE STREET |
| 31 Jan 2022 | £749,433 | £715,000 | FLAT 10 25 SPITAL SQUARE |
| 27 Aug 2021 | £3,111,111 | £2,800,000 | 16 FOLGATE STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 30 Oct 2018. Using an estimated price of £900,665 means this house is valued at £14,072 per sq meter (£1,307 per sq foot).
The average size of a house on FOLGATE STREET is 68 sq meters (734 sq feet).