£504,531
This estimated value is based upon the latest sale price for the house of £410,000 on 22 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Excel Marina, Western Gateway, London, E16 1AT
Phone: 02081159242
Price Paid | Date |
---|---|
£410,000 | 22 Aug 2019 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £410,000 results in an estimated price of approximately £504,531.
22 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £410,000 | £94,531 | £504,531 |
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 | 18.156 % | £74,440 | £484,440 |
3 Month Average | -0.697 % | £-2,857 | £407,142 |
6 Month Average | -10.980 % | £-45,019 | £364,980 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £302,853 | £300,000 | FLAT 47 THE OXYGEN, 18 WESTERN GATEWAY |
1 Feb 2023 | £409,724 | £410,000 | FLAT 43 OCEANIS APARTMENTS, 19 SEAGULL LANE |
26 Jul 2021 | £373,511 | £325,000 | 46 BRIDGELAND ROAD |
28 May 2021 | £491,567 | £435,000 | 6 BOREHAM AVENUE |
4 Dec 2020 | £378,745 | £330,000 | 121 HOOPER ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 29 Jul 2014. Using an estimated price of £504,532 means this house is valued at £7,007 per sq meter (£651 per sq foot).
The average size of a house on MARTINDALE AVENUE is 83 sq meters (900 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Bridgeland Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bridgeland Road |
Mar 2024 | Drugs | Under investigation | On or near Bridgeland Road |
Feb 2024 | Theft from the person | Under investigation | On or near Bridgeland Road |
Feb 2024 | Theft from the person | Under investigation | On or near Bridgeland Road |