£306,762
This estimated value is based upon the latest sale price for the house of £300,000 on 12 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
| Price Paid | Date |
|---|---|
| £300,000 | 12 Sep 2023 |
| £288,500 | 15 Jan 2018 |
| 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £300,000 results in an estimated price of approximately £306,762.
| 12 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £300,000 | £6,762 | £306,762 |
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 | 1.320 % | £3,960 | £303,960 |
| 3 Month Average | -4.750 % | £-14,248 | £285,751 |
| 6 Month Average | -10.036 % | £-30,108 | £269,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £388,373 | £385,000 | FLAT 6 BOWDEN HOUSE RAINHILL WAY |
| 12 Apr 2024 | £290,019 | £287,500 | 77 REGENT SQUARE |
| 25 Sep 2023 | £1,007,203 | £985,000 | 8 STROUDLEY WALK |
| 12 Sep 2023 | £306,762 | £300,000 | FLAT 16 WINGATE HOUSE BRUCE ROAD |
| 30 Jun 2023 | £301,033 | £295,000 | 78 REGENT SQUARE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 17 Oct 2017. Using an estimated price of £306,762 means this house is valued at £7,482 per sq meter (£695 per sq foot).
The average size of a house on BRUCE ROAD is 81 sq meters (882 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).