£288,318
This estimated value is based upon the latest sale price for the house of £281,000 on 7 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Richard Tress Way
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57 Bow Road, London, E3 2AD
Phone: 02034783596
Price Paid | Date |
---|---|
£281,000 | 7 Nov 2023 |
£50,000 | 16 Mar 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 77 sq meters or 828 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 November 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £281,000 results in an estimated price of approximately £288,318.
7 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £281,000 | £7,318 | £288,318 |
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 | -7.699 % | £-21,634 | £259,365 |
3 Month Average | 0.685 % | £1,924 | £282,924 |
6 Month Average | -4.416 % | £-12,409 | £268,590 |
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 77 sq meters or 828 sq feet when measured on 2 Nov 2021. Using an estimated price of £288,319 means this house is valued at £3,744 per sq meter (£347 per sq foot).
The average size of a house on BRITISH STREET is 82 sq meters (885 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Richard Tress Way |
Jul 2024 | Violence and sexual offences | Local resolution | On or near Richard Tress Way |