18, JADE CLOSE, LONDON, E16 3TY - £225,000

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 JADE CLOSE is a very small flat of 38m², built sometime between 2003 and 2006, which could now be worth an estimated £221,616. It was last sold for £225,000 in August 2019, which was around 33% below the average August 2019 flat price in the Newham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

18 JADE CLOSE Sold Prices

Land registry data shows six sales for 18 JADE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Newham local authority area for the corresponding sale date. All of the six 18 JADE 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
2019 15 AUG	£225,000	£336,465	33% below HPI
2006 24 FEB	£125,000	£193,795	35% below HPI
2000 24 MAR	£55,000	£84,808	35% below HPI
1997 10 OCT	£43,995	£60,661	27% below HPI
1997 4 SEP	£32,500	£59,652	46% below HPI
1995 28 SEP	£27,000	£52,410	48% below HPI

What might 18 JADE CLOSE be worth now?

18 JADE CLOSE might now be worth an estimated £221,616.

This is based on house price deflation of 1.5%, between August 2019 and April 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 1.5% deflationary decrease is applied to the most recent sale price for 18 JADE CLOSE of £225,000 on 15th August 2019. For the value to have decreased from £225,000 to £221,616 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 18 JADE CLOSE has moved in line with the HPI for flats in the Newham local authority area.
• The August 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 18 JADE CLOSE has not materially changed since August 2019.

How Large is 18 JADE CLOSE?

18 JADE CLOSE is 38m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of flats in London, based on EPC data. 5% of flats are smaller than 18 JADE CLOSE, and 94% of flats are larger. Note that EPC data is not available for all properties in London.

18 JADE CLOSE: Plot

18 JADE CLOSE sits on a plot of roughly 0.234 of an acre, or 945m².

Where is 18 JADE CLOSE?

18 JADE CLOSE is located in LONDON, in the E16 postcode district.