£349,140
This estimated value is based upon the latest sale price for the house of £205,000 on 10 Aug 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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61 Wallis Road, Hackney Wick, E9 5LH
Phone: 02080223255
| Price Paid | Date |
|---|---|
| £205,000 | 10 Aug 2012 |
| £159,995 | 15 Aug 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 777 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £205,000 results in an estimated price of approximately £349,140.
| 10 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £205,000 | £144,140 | £349,140 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | -55.345 % | £-113,457 | £91,542 |
| 3 Month Average | 44.985 % | £92,220 | £297,220 |
| 6 Month Average | 91.150 % | £186,857 | £391,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £233,456 | £230,000 | FLAT 46 WATERMEAD HOUSE HOMERTON ROAD |
| 10 Nov 2023 | £271,078 | £267,065 | FLAT 59 RUNNYMEDE HOUSE HOMERTON ROAD |
| 26 Jul 2023 | £516,958 | £510,000 | 27 ADLEY STREET |
| 28 Jun 2023 | £568,891 | £562,000 | 11 ADLEY STREET |
| 15 Mar 2023 | £393,709 | £390,000 | FLAT 65 KINGSMEAD HOUSE HOMERTON ROAD |
This house has a floor area of 72 sq meters or 777 sq feet when measured on 8 Apr 2009. Using an estimated price of £349,141 means this house is valued at £4,835 per sq meter (£449 per sq foot).
The average size of a house on HOMERTON ROAD is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingsmead Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingsmead Way |
| Jan 2024 | Anti-social behaviour | On or near Kingsmead Way | |
| Jan 2024 | Anti-social behaviour | On or near Kingsmead Way | |
| Jan 2024 | Anti-social behaviour | On or near Kingsmead Way |