£379,299
This estimated value is based upon the latest sale price for the house of £300,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
Price Paid | Date |
---|---|
£300,000 | 19 Jan 2018 |
£205,000 | 6 Jul 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 491 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £300,000 results in an estimated price of approximately £379,299.
19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £300,000 | £79,299 | £379,299 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 17.515 % | £52,545 | £352,545 |
3 Month Average | 28.026 % | £84,077 | £384,077 |
6 Month Average | 10.239 % | £30,718 | £330,718 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £330,145 | £320,000 | 15 DUCAINE APARTMENTS MERCHANT STREET |
13 Oct 2023 | £338,692 | £331,000 | 30 SAUNDERS APARTMENTS MERCHANT STREET |
13 Oct 2023 | £337,669 | £330,000 | 17 SAUNDERS APARTMENTS MERCHANT STREET |
6 Oct 2023 | £368,366 | £360,000 | 13 SAUNDERS APARTMENTS MERCHANT STREET |
11 Mar 2022 | £328,839 | £315,000 | 2 DUCAINE APARTMENTS MERCHANT STREET |
This house has a floor area of 45 sq meters or 491 sq feet when measured on 16 Mar 2011. Using an estimated price of £379,299 means this house is valued at £8,314 per sq meter (£772 per sq foot).
The average size of a house on MERCHANT STREET is 61 sq meters (665 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Merchant Street | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Merchant Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Merchant Street |
Oct 2024 | Anti-social behaviour | On or near Merchant Street | |
Oct 2024 | Anti-social behaviour | On or near Merchant Street |