£340,702
This estimated value is based upon the latest sale price for the house of £275,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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51 Vicarage Lane, London, E15 4HG
Phone: 02080223215
| Price Paid | Date |
|---|---|
| £275,000 | 29 Jun 2018 |
| £188,750 | 2 Mar 2007 |
| £187,995 | 28 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £275,000 results in an estimated price of approximately £340,702.
| 29 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £275,000 | £65,702 | £340,702 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 39.680 % | £109,120 | £384,120 |
| 3 Month Average | -4.092 % | £-11,251 | £263,748 |
| 6 Month Average | 6.786 % | £18,661 | £293,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £1,874,059 | £1,850,000 | 1 WATER LANE |
| 25 Jul 2023 | £277,626 | £275,000 | 6 ONYX MEWS |
| 16 Jun 2023 | £320,599 | £318,000 | FLAT 51 THE QUADRANGLE HOUSE, 84 ROMFORD ROAD |
| 26 Aug 2022 | £297,987 | £300,000 | 3 ONYX MEWS |
| 20 Jul 2022 | £409,447 | £410,000 | FLAT 21 THE QUADRANGLE HOUSE, 84 ROMFORD ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 26 May 2021. Using an estimated price of £340,703 means this house is valued at £7,249 per sq meter (£673 per sq foot).
The average size of a house on ROMFORD ROAD is 64 sq meters (689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Further/Higher Educational Building |
| Mar 2024 | Bicycle theft | Under investigation | On or near Further/Higher Educational Building |
| Feb 2024 | Robbery | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |