£608,305
This estimated value is based upon the latest sale price for the house of £440,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
| Price Paid | Date |
|---|---|
| £440,000 | 8 Jan 2016 |
| 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £440,000 results in an estimated price of approximately £608,305.
| 8 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £440,000 | £168,305 | £608,305 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | -6.540 % | £-28,777 | £411,222 |
| 3 Month Average | 20.650 % | £90,858 | £530,858 |
| 6 Month Average | 24.541 % | £107,982 | £547,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £579,716 | £565,000 | FLAT 6 24 RIFLE STREET |
| 30 Jun 2022 | £385,235 | £377,000 | FLAT 304 CHORLEY COURT, 24 MADEIRA STREET |
| 21 Jun 2022 | £521,140 | £510,000 | FLAT 402 CHORLEY COURT, 24 MADEIRA STREET |
| 5 May 2022 | £693,056 | £675,000 | UNIT 1A BLOCK B, 2 FAWE STREET |
| 12 Mar 2021 | £1,009,213 | £900,000 | UNIT 14 2 FAWE STREET |