£458,646
This estimated value is based upon the latest sale price for the house of £295,000 on 22 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Bow Road, London, E3 2AD
Phone: 02034783596
| Price Paid | Date |
|---|---|
| £295,000 | 22 Oct 2007 |
| £245,100 | 3 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £295,000 results in an estimated price of approximately £458,646.
| 22 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £295,000 | £163,646 | £458,646 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 57.267 % | £168,937 | £463,937 |
| 3 Month Average | 45.624 % | £134,589 | £429,589 |
| 6 Month Average | 62.586 % | £184,628 | £479,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £339,339 | £335,000 | FLAT 1 CROWNGATE HOUSE, 2 HEREFORD ROAD |
| 4 Aug 2023 | £443,883 | £440,000 | FLAT 16 QUEENSGATE HOUSE, 1 HEREFORD ROAD |
| 21 Jul 2023 | £440,935 | £435,000 | FLAT 35 CROWNGATE HOUSE, 2 HEREFORD ROAD |
| 30 Jun 2023 | £483,355 | £477,500 | FLAT 2 CROWNGATE HOUSE, 2 HEREFORD ROAD |
| 31 Mar 2023 | £449,232 | £445,000 | FLAT 3 CROWNGATE HOUSE, 2 HEREFORD ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Jul 2014. Using an estimated price of £458,646 means this house is valued at £5,956 per sq meter (£553 per sq foot).
The average size of a house on HEREFORD ROAD is 63 sq meters (686 sq feet).