£500,855
This estimated value is based upon the latest sale price for the house of £405,000 on 2 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 Mile End Road, E1 4TT
Phone: 02080222781
Price Paid | Date |
---|---|
£405,000 | 2 Apr 2019 |
£355,000 | 8 Jan 2015 |
£138,000 | 13 Dec 2001 |
£48,000 | 1 Aug 1995 |
Terraced |
Freehold |
Floor Area: 44 sq meters or 473 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £405,000 results in an estimated price of approximately £500,855.
2 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £405,000 | £95,855 | £500,855 |
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 | -15.602 % | £-63,188 | £341,811 |
3 Month Average | -32.834 % | £-132,977 | £272,022 |
6 Month Average | -24.628 % | £-99,743 | £305,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jul 2022 | £210,567 | £210,000 | 16 COOPERS CLOSE |
30 Jul 2021 | £316,048 | £275,000 | FLAT 2 GABLE END HOUSE, 16 CLEVELAND WAY |
18 Dec 2020 | £975,556 | £850,000 | 10 BELLEVUE PLACE |
13 Nov 2020 | £527,506 | £455,000 | FLAT 15 99 MILE END ROAD |
8 Sep 2020 | £463,079 | £390,000 | 73 COOPERS CLOSE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 2 Aug 2018. Using an estimated price of £500,855 means this house is valued at £11,383 per sq meter (£1,057 per sq foot).
The average size of a house on COOPERS CLOSE is 40 sq meters (438 sq feet).