£430,980
This estimated value is based upon the latest sale price for the house of £280,000 on 18 Jul 2014. 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 |
---|---|
£280,000 | 18 Jul 2014 |
£237,495 | 10 Dec 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £280,000 results in an estimated price of approximately £430,980.
18 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £280,000 | £150,980 | £430,980 |
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 | 78.443 % | £219,640 | £499,640 |
3 Month Average | 32.875 % | £92,048 | £372,048 |
6 Month Average | 40.483 % | £113,352 | £393,352 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2020 | £427,797 | £370,000 | FLAT 39 CAPITAL EAST APARTMENTS, 21 WESTERN GATEWAY |
29 Jan 2020 | £455,249 | £370,500 | FLAT 41 CAPITAL EAST APARTMENTS, 21 WESTERN GATEWAY |
20 Mar 2019 | £386,427 | £310,500 | FLAT 55 CAPITAL EAST APARTMENTS, 21 WESTERN GATEWAY |
10 Jan 2019 | £369,616 | £297,000 | FLAT 29 AEGEAN APARTMENTS, 19 WESTERN GATEWAY |
27 Jun 2018 | £463,666 | £370,000 | FLAT 8 CAPITAL EAST APARTMENTS, 21 WESTERN GATEWAY |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 16 Oct 2013. Using an estimated price of £430,980 means this house is valued at £11,971 per sq meter (£1,112 per sq foot).
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Western Gateway |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Western Gateway |
Apr 2024 | Shoplifting | Under investigation | On or near Western Gateway |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Western Gateway |
Apr 2024 | Shoplifting | Under investigation | On or near Western Gateway |