£548,266
This estimated value is based upon the latest sale price for the house of £440,000 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
Price Paid | Date |
---|---|
£440,000 | 3 Aug 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 98 sq meters or 1,054 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 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £440,000 results in an estimated price of approximately £548,266.
3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £440,000 | £108,266 | £548,266 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | -10.676 % | £-46,976 | £393,023 |
3 Month Average | 13.539 % | £59,572 | £499,572 |
6 Month Average | 3.344 % | £14,714 | £454,714 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £330,145 | £320,000 | 15 DUCAINE APARTMENTS MERCHANT STREET |
20 Oct 2023 | £613,944 | £600,000 | FLAT 1 5A MERCHANT STREET |
20 Oct 2023 | £588,363 | £575,000 | FLAT 2 5A MERCHANT STREET |
24 Jun 2022 | £403,628 | £395,000 | FLAT 23 VERITY HOUSE MERCHANT STREET |
11 Mar 2022 | £328,839 | £315,000 | 2 DUCAINE APARTMENTS MERCHANT STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 17 Jan 2015. Using an estimated price of £548,266 means this house is valued at £5,594 per sq meter (£519 per sq foot).
The average size of a house on MERCHANT STREET is 61 sq meters (665 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Under investigation | On or near British Street |
Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near British Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near British Street |
Sep 2024 | Anti-social behaviour | On or near British Street | |
Sep 2024 | Anti-social behaviour | On or near British Street |