£500,291
This estimated value is based upon the latest sale price for the house of £373,000 on 12 Aug 2016. 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 |
|---|---|
| £373,000 | 12 Aug 2016 |
| £277,000 | 22 Aug 2014 |
| £165,000 | 19 Jul 2006 |
| £46,250 | 30 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £373,000 results in an estimated price of approximately £500,291.
| 12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £373,000 | £127,291 | £500,291 |
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 | 13.619 % | £50,797 | £423,797 |
| 3 Month Average | 26.391 % | £98,437 | £471,437 |
| 6 Month Average | 22.470 % | £83,813 | £456,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £332,326 | £325,000 | FLAT 1 28 WEST AVENUE |
| 11 Aug 2023 | £1,196,582 | £1,175,000 | 2 EAST AVENUE |
| 9 Jun 2023 | £474,509 | £465,000 | 33A FIRST AVENUE |
| 26 Apr 2023 | £988,489 | £970,000 | 66 ORFORD ROAD |
| 20 Jan 2023 | £458,726 | £457,500 | 4 GRESHAM LODGE ORFORD ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 1 Feb 2014. Using an estimated price of £500,291 means this house is valued at £12,202 per sq meter (£1,133 per sq foot).
The average size of a house on WEST AVENUE is 54 sq meters (588 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near First Avenue |
| Sep 2024 | Anti-social behaviour | On or near First Avenue | |
| Sep 2024 | Anti-social behaviour | On or near First Avenue | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near First Avenue |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near First Avenue |