£517,686
This estimated value is based upon the latest sale price for the house of £225,000 on 21 Aug 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Oakwood House 414 -422 Hackney Road, Bethnal Green, London, E2 7SY
Phone: 02036414614
| Price Paid | Date |
|---|---|
| £225,000 | 21 Aug 2003 |
| £94,904 | 24 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 August 2003 the House Price Index for GREATER LONDON was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £225,000 results in an estimated price of approximately £517,686.
| 21 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £225,000 | £292,686 | £517,686 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 205.079 % | £461,428 | £686,428 |
| 3 Month Average | 134.488 % | £302,597 | £527,597 |
| 6 Month Average | 186.182 % | £418,910 | £643,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £461,837 | £455,000 | 4 LION MILLS |
| 16 Nov 2023 | £583,641 | £575,000 | FLAT 13 MINSTREL COURT TEESDALE CLOSE |
| 18 Aug 2023 | £459,016 | £455,000 | 17 LION MILLS |
| 5 Jul 2023 | £380,116 | £375,000 | 22 LION MILLS |
| 18 Nov 2022 | £493,028 | £499,000 | FLAT 1 406B HACKNEY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 8 Mar 2017. Using an estimated price of £517,686 means this house is valued at £6,552 per sq meter (£608 per sq foot).
The average size of a house on TEESDALE CLOSE is 91 sq meters (983 sq feet).