£361,209
This estimated value is based upon the latest sale price for the house of £106,500 on 28 Jun 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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380 Commercial Road, London, E1 0LB
Phone: 02036412595
| Price Paid | Date |
|---|---|
| £106,500 | 28 Jun 2001 |
| Detached |
| Leasehold |
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 June 2001 the House Price Index for GREATER LONDON was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £106,500 results in an estimated price of approximately £361,209.
| 28 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £106,500 | £254,709 | £361,209 |
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 | 136.414 % | £145,281 | £251,781 |
| 3 Month Average | 131.718 % | £140,280 | £246,780 |
| 6 Month Average | 186.953 % | £199,105 | £305,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2022 | £110,951 | £111,250 | FLAT 8 220 STEPNEY WAY |
| 12 Aug 2022 | £634,791 | £636,500 | 106 JAMAICA STREET |
| 5 Jul 2022 | £476,382 | £475,100 | 140 CLARK STREET |
| 31 May 2022 | £110,074 | £108,000 | FLAT 11 222 STEPNEY WAY |
| 6 Aug 2021 | £428,396 | £384,000 | FLAT 23 224 STEPNEY WAY |