£256,116
This estimated value is based upon the latest sale price for the house of £119,995 on 11 Feb 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 3, 19 Western Gateway, Excel Marina, Docklands, E16 1AR
Phone: 02081153864
Price Paid | Date |
---|---|
£119,995 | 11 Feb 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £119,995 results in an estimated price of approximately £256,116.
11 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £119,995 | £136,121 | £256,116 |
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 | 162.638 % | £195,157 | £315,152 |
3 Month Average | 75.559 % | £90,666 | £210,661 |
6 Month Average | 81.806 % | £98,162 | £218,157 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £356,429 | £350,000 | 166 BUTCHERS ROAD |
23 Mar 2023 | £213,567 | £210,000 | 6 GOLDEN PLOVER CLOSE |
10 Feb 2023 | £291,950 | £290,000 | 180 BUTCHERS ROAD |
19 Oct 2022 | £368,768 | £370,000 | 2 GOLDWING CLOSE |
3 Aug 2022 | £421,973 | £420,000 | 14 GOLDEN PLOVER CLOSE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 10 Jun 2019. Using an estimated price of £256,117 means this house is valued at £5,449 per sq meter (£506 per sq foot).
The average size of a house on GOLDWING CLOSE is 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Goldwing Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Goldwing Close |