£930,896
This estimated value is based upon the latest sale price for the house of £712,800 on 7 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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61 Alie Street, London, E1 8EB
Phone: 02081155529
| Price Paid | Date |
|---|---|
| £712,800 | 7 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.597%.Applying this 30.597% change to the original purchase price of £712,800 results in an estimated price of approximately £930,896.
| 7 Dec 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.0 | 30.597 % | £712,800 | £218,096 | £930,896 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | -33.638 % | £-239,770 | £473,029 |
| 3 Month Average | -21.580 % | £-153,825 | £558,974 |
| 6 Month Average | -9.930 % | £-70,778 | £642,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £841,253 | £835,000 | APARTMENT 1304 WIVERTON TOWER, 4 NEW DRUM STREET |
| 8 Nov 2022 | £755,745 | £768,000 | APARTMENT 1904 WIVERTON TOWER, 4 NEW DRUM STREET |
| 24 Sep 2020 | £264,604 | £223,750 | APARTMENT 303 WIVERTON TOWER, 4 NEW DRUM STREET |
| 7 Sep 2018 | £1,168,386 | £950,000 | APARTMENT 1105 WIVERTON TOWER, 4 NEW DRUM STREET |
| 16 Oct 2017 | £3,016,572 | £2,400,000 | APARTMENT 2301 WIVERTON TOWER, 4 NEW DRUM STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 6 Jun 2016. Using an estimated price of £930,897 means this house is valued at £18,252 per sq meter (£1,695 per sq foot).
The average size of a house on NEW DRUM STREET is 71 sq meters (767 sq feet).