£262,976
This estimated value is based upon the latest sale price for the house of £256,125 on 16 May 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
| Price Paid | Date |
|---|---|
| £256,125 | 16 May 2022 |
| £250,000 | 22 Apr 2016 |
| £97,000 | 26 Apr 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 340 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £256,125 results in an estimated price of approximately £262,976.
| 16 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £256,125 | £6,851 | £262,976 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 18.386 % | £47,090 | £303,215 |
| 3 Month Average | 13.939 % | £35,700 | £291,825 |
| 6 Month Average | 1.212 % | £3,103 | £259,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £795,185 | £775,000 | 3 THE LINDENS |
| 4 Sep 2023 | £347,664 | £340,000 | FLAT 6 16 PROSPECT HILL |
| 30 Jun 2023 | £346,953 | £340,000 | FLAT 17 POWELL COURT PROSPECT HILL |
| 23 Jun 2023 | £346,953 | £340,000 | FLAT 5 NEWTON HOUSE PROSPECT HILL |
| 1 Mar 2023 | £332,554 | £327,000 | 54 CHURCH HILL ROAD |
This house has a floor area of 31 sq meters or 340 sq feet when measured on 21 Jan 2009. Using an estimated price of £262,976 means this house is valued at £8,322 per sq meter (£773 per sq foot).
The average size of a house on PROSPECT HILL is 69 sq meters (743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Hill |
| Sep 2024 | Anti-social behaviour | On or near Prospect Hill | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prospect Hill |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Prospect Hill |
| Sep 2024 | Other theft | Under investigation | On or near Prospect Hill |