£1,452,042
This estimated value is based upon the latest sale price for the house of £1,075,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 Fashion Street, Spitalfields, E1 6PX
Phone: 02080226286
| Price Paid | Date |
|---|---|
| £1,075,000 | 31 Mar 2016 |
| £552,000 | 25 Aug 2006 |
| £275,000 | 18 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 129 sq meters or 1,388 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £1,075,000 results in an estimated price of approximately £1,452,042.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £1,075,000 | £377,042 | £1,452,042 |
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 | -21.729 % | £-233,590 | £841,409 |
| 3 Month Average | -32.824 % | £-352,853 | £722,146 |
| 6 Month Average | -19.320 % | £-207,695 | £867,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £564,942 | £560,000 | FLAT 94 EXCHANGE BUILDING, 132 COMMERCIAL STREET |
| 15 Sep 2022 | £1,190,387 | £1,200,000 | FLAT 88 EXCHANGE BUILDING, 132 COMMERCIAL STREET |
| 7 Mar 2022 | £1,152,842 | £1,112,500 | FLAT 54 EXCHANGE BUILDING, 132 COMMERCIAL STREET |
| 24 Feb 2022 | £742,476 | £708,000 | FLAT 35 EXCHANGE BUILDING, 132 COMMERCIAL STREET |
| 13 Dec 2021 | £1,033,879 | £965,000 | FLAT 100 EXCHANGE BUILDING, 132 COMMERCIAL STREET |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 10 Aug 2021. Using an estimated price of £1,452,043 means this house is valued at £11,256 per sq meter (£1,045 per sq foot).
The average size of a house on COMMERCIAL STREET is 71 sq meters (771 sq feet).