£300,244
This estimated value is based upon the latest sale price for the house of £172,000 on 12 Nov 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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115 Mare Street, London, E8 4RU
Phone: 02036415304
| Price Paid | Date |
|---|---|
| £172,000 | 12 Nov 2009 |
| £97,500 | 28 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 30 sq meters or 324 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 November 2009 the House Price Index for GREATER LONDON was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £172,000 results in an estimated price of approximately £300,244.
| 12 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £172,000 | £128,244 | £300,244 |
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 | -28.348 % | £-48,758 | £123,241 |
| 3 Month Average | 73.033 % | £125,616 | £297,616 |
| 6 Month Average | 113.487 % | £195,198 | £367,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £539,438 | £530,000 | FLAT 220 5 KING EDWARD'S ROAD |
| 20 Nov 2023 | £517,664 | £510,000 | FLAT 222 5 KING EDWARD'S ROAD |
| 20 Nov 2023 | £593,791 | £585,000 | FLAT 117 5 KING EDWARD'S ROAD |
| 10 Nov 2023 | £817,097 | £805,000 | FLAT 215 5 KING EDWARD'S ROAD |
| 29 Sep 2023 | £405,181 | £400,000 | FLAT 6 104 MARE STREET |
This house has a floor area of 30 sq meters or 324 sq feet when measured on 12 May 2009. Using an estimated price of £300,245 means this house is valued at £9,958 per sq meter (£925 per sq foot).
The average size of a house on KING EDWARD'S ROAD is 70 sq meters (754 sq feet).
This house is the smallest in the street with a floor area of 30 sq meters (324 sq feet).