£1,317,921
This estimated value is based upon the latest sale price for the house of £265,000 on 18 Sep 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 |
|---|---|
| £265,000 | 18 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
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 1997 the House Price Index for GREATER LONDON was 29.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 397.329%.Applying this 397.329% change to the original purchase price of £265,000 results in an estimated price of approximately £1,317,921.
| 18 Sep 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.0 | 397.329 % | £265,000 | £1,052,921 | £1,317,921 |
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 | 291.557 % | £772,625 | £1,037,625 |
| 3 Month Average | 271.654 % | £719,883 | £984,883 |
| 6 Month Average | 305.957 % | £810,786 | £1,075,786 |
| 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 |