£374,309
This estimated value is based upon the latest sale price for the house of £249,999 on 26 Nov 2014. 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 |
|---|---|
| £249,999 | 26 Nov 2014 |
| £87,500 | 19 Sep 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £249,999 results in an estimated price of approximately £374,309.
| 26 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £249,999 | £124,310 | £374,309 |
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 | 70.690 % | £176,724 | £426,723 |
| 3 Month Average | 36.391 % | £90,977 | £340,976 |
| 6 Month Average | 27.429 % | £68,572 | £318,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £418,663 | £415,000 | FLAT 1 OCEANIS APARTMENTS, 19 SEAGULL LANE |
| 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 |
| 30 Jun 2021 | £407,711 | £380,000 | FLAT 41 OCEANIS APARTMENTS, 19 SEAGULL LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 15 Apr 2014. Using an estimated price of £374,309 means this house is valued at £5,586 per sq meter (£519 per sq foot).
The average size of a house on MARTINDALE AVENUE is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gill Avenue |
| Jan 2024 | Theft from the person | Under investigation | On or near Bridgeland Road |