£415,818
This estimated value is based upon the latest sale price for the house of £241,500 on 28 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2b Median Road, Hackney, Clapton, E5 0PL
Phone: 02035448008
Price Paid | Date |
---|---|
£241,500 | 28 Mar 2012 |
£176,000 | 5 Feb 2008 |
£70,000 | 30 Mar 2000 |
Flats/Maisonettes |
Leasehold |
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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £241,500 results in an estimated price of approximately £415,818.
28 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £241,500 | £174,318 | £415,818 |
The Postcode Pricing Model uses changes in average sales price within the E5 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 | 112.952 % | £272,779 | £514,279 |
3 Month Average | 93.062 % | £224,744 | £466,244 |
6 Month Average | 88.117 % | £212,803 | £454,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £1,199,354 | £1,162,500 | 30 CHAILEY STREET |
23 Oct 2023 | £624,176 | £610,000 | FLAT 3 21 COLENSO ROAD |
21 Apr 2023 | £733,724 | £720,000 | 62 FLETCHING ROAD |
20 Jan 2023 | £1,178,148 | £1,175,000 | 97 MILDENHALL ROAD |
2 Nov 2021 | £463,046 | £425,000 | 23 POND FARM ESTATE |