£249,352
This estimated value is based upon the latest sale price for the house of £162,000 on 25 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 3, 8-20 Well Street, London, E9 7PX
Phone: 02035891404
Price Paid | Date |
---|---|
£162,000 | 25 Jul 2014 |
£215,000 | 25 Jul 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 387 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £162,000 results in an estimated price of approximately £249,352.
25 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £162,000 | £87,352 | £249,352 |
The Postcode Pricing Model uses changes in average sales price within the E9 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 | -5.585 % | £-9,047 | £152,952 |
3 Month Average | 52.947 % | £85,774 | £247,774 |
6 Month Average | 47.446 % | £76,862 | £238,862 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £628,453 | £612,500 | 21 FRAMPTON PARK ROAD |
23 Sep 2022 | £372,251 | £372,500 | 86 WOOLRIDGE WAY |
14 Jul 2022 | £383,846 | £380,000 | 55 WOOLRIDGE WAY |
6 Jun 2022 | £449,611 | £440,000 | 5 WOOLRIDGE WAY |
27 May 2022 | £431,235 | £420,000 | FLAT 1 GROVE HOUSE, 27 FRAMPTON PARK ROAD |
This house has a floor area of 35 sq meters or 387 sq feet when measured on 4 Feb 2011. Using an estimated price of £249,353 means this house is valued at £6,930 per sq meter (£643 per sq foot).
The average size of a house on FRAMPTON PARK ROAD is 69 sq meters (753 sq feet).
This house is the smallest in the street with a floor area of 35 sq meters (387 sq feet).