£743,804
This estimated value is based upon the latest sale price for the house of £600,000 on 12 Aug 2019. 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 |
---|---|
£600,000 | 12 Aug 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 78 sq meters or 839 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 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £600,000 results in an estimated price of approximately £743,804.
12 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £600,000 | £143,804 | £743,804 |
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 | -31.870 % | £-191,219 | £408,780 |
3 Month Average | -8.369 % | £-50,212 | £549,787 |
6 Month Average | 2.872 % | £17,230 | £617,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £385,929 | £380,000 | FLAT 29 ST. CLAIR HOUSE BRITISH STREET |
7 Nov 2023 | £288,319 | £281,000 | FLAT 23 ST. CLAIR HOUSE BRITISH STREET |
18 Nov 2022 | £450,394 | £452,500 | FLAT G03 SHAFT APARTMENTS, 12 RICHARD TRESS WAY |
26 Oct 2022 | £423,585 | £425,000 | FLAT G01 SHAFT APARTMENTS, 12 RICHARD TRESS WAY |
8 Jun 2022 | £403,628 | £395,000 | FLAT 37 ST. CLAIR HOUSE BRITISH STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 7 Jun 2019. Using an estimated price of £743,804 means this house is valued at £9,535 per sq meter (£885 per sq foot).
The average size of a house on RICHARD TRESS WAY is 67 sq meters (725 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Richard Tress Way | |
Apr 2024 | Anti-social behaviour | On or near Richard Tress Way | |
Apr 2024 | Anti-social behaviour | On or near Richard Tress Way | |
Apr 2024 | Anti-social behaviour | On or near Richard Tress Way |