£449,514
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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137 Cannon Street Road, Aldgate, E1 2LX
Phone: 02081285061
| Price Paid | Date |
|---|---|
| £350,000 | 28 Jul 2017 |
| £182,000 | 17 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £350,000 results in an estimated price of approximately £449,514.
| 28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £350,000 | £99,514 | £449,514 |
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 | -34.864 % | £-122,024 | £227,975 |
| 3 Month Average | 4.102 % | £14,356 | £364,356 |
| 6 Month Average | 3.129 % | £10,952 | £360,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £325,000 | £325,000 | FLAT 99 SHEARSMITH HOUSE HINDMARSH CLOSE |
| 8 Apr 2024 | £358,110 | £355,000 | FLAT 61 STOCKHOLM HOUSE SWEDENBORG GARDENS |
| 8 Mar 2024 | £283,049 | £278,700 | FLAT 72 SHEARSMITH HOUSE HINDMARSH CLOSE |
| 30 Oct 2023 | £383,715 | £375,000 | FLAT 207 BEADNELL COURT, 78 CABLE STREET |
| 2 Oct 2023 | £405,715 | £396,500 | FLAT 203 BEADNELL COURT, 78 CABLE STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 15 Sep 2012. Using an estimated price of £449,514 means this house is valued at £7,491 per sq meter (£696 per sq foot).
The average size of a house on HINDMARSH CLOSE is 61 sq meters (661 sq feet).