18, FOUNDER CLOSE, LONDON, E6 6FS - £155,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 FOUNDER CLOSE is a small flat of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £270,731. It was last sold for £155,000 in February 2006, which was around 20% below the average February 2006 flat price in the Newham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.

18 FOUNDER CLOSE Sold Prices

Land registry data shows three sales for 18 FOUNDER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Newham local authority area for the corresponding sale date. All of the three 18 FOUNDER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 28 FEB	£155,000	£193,795	20% below HPI
1998 11 JUN	£56,000	£65,122	14% below HPI
1996 5 JUL	£52,995	£53,857	2% below HPI

What might 18 FOUNDER CLOSE be worth now?

18 FOUNDER CLOSE might now be worth an estimated £270,731.

This is based on house price inflation of 74.7%, between February 2006 and May 2026, for flats, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.7% inflationary increase is applied to the most recent sale price for 18 FOUNDER CLOSE of £155,000 on 28th February 2006. For the value to have increased from £155,000 to £270,731 over the nineteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 18 FOUNDER CLOSE has moved in line with the HPI for flats in the Newham local authority area.
• The February 2006 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FOUNDER CLOSE has not materially changed since February 2006.

How Large is 18 FOUNDER CLOSE?

18 FOUNDER CLOSE is 53m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 40% of flats in London, based on EPC data. 32% of flats are smaller than 18 FOUNDER CLOSE, and 66% of flats are larger. Note that EPC data is not available for all properties in London.

18 FOUNDER CLOSE: Plot

18 FOUNDER CLOSE sits on a plot of roughly 0.265 of an acre, or 1,071m².

Where is 18 FOUNDER CLOSE?

18 FOUNDER CLOSE is located in LONDON, in the E6 postcode district.