£305,307
This estimated value is based upon the latest sale price for the house of £222,000 on 25 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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20 Unit B, Western Gateway, Royal Victoria, Docklands, E16 1BS
Phone: 02080336025
Price Paid | Date |
---|---|
£222,000 | 25 Feb 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 February 2016 the House Price Index for GREATER LONDON was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £222,000 results in an estimated price of approximately £305,307.
25 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £222,000 | £83,307 | £305,307 |
The Postcode Pricing Model uses changes in average sales price within the E16 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 | 51.016 % | £113,255 | £335,255 |
3 Month Average | 1.294 % | £2,871 | £224,871 |
6 Month Average | 10.714 % | £23,785 | £245,785 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £356,429 | £350,000 | 166 BUTCHERS ROAD |
10 Feb 2023 | £291,950 | £290,000 | 180 BUTCHERS ROAD |
28 May 2021 | £495,205 | £435,000 | 6 BOREHAM AVENUE |
4 Dec 2020 | £381,549 | £330,000 | 121 HOOPER ROAD |
6 Nov 2020 | £509,220 | £436,000 | 50 BOREHAM AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Jul 2014. Using an estimated price of £305,307 means this house is valued at £4,625 per sq meter (£429 per sq foot).
The average size of a house on BUTCHERS ROAD is 79 sq meters (855 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Adamson Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Adamson Road |