£783,367
This estimated value is based upon the latest sale price for the house of £499,950 on 8 Feb 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Westferry Road, Canary Wharf, E14 8JT
Phone: 02080339174
Price Paid | Date |
---|---|
£499,950 | 8 Feb 2008 |
£200,000 | 20 May 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 888 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 2008 the House Price Index for GREATER LONDON was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £499,950 results in an estimated price of approximately £783,367.
8 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 148.6 | 56.689 % | £499,950 | £283,417 | £783,367 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | 43.682 % | £218,390 | £718,340 |
3 Month Average | 29.873 % | £149,349 | £649,299 |
6 Month Average | 36.843 % | £184,197 | £684,147 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £481,152 | £475,000 | FLAT 501 CASCADES TOWER, 4 WESTFERRY ROAD |
15 Sep 2023 | £628,030 | £620,000 | FLAT 404 CASCADES TOWER, 4 WESTFERRY ROAD |
14 Sep 2022 | £495,995 | £500,000 | FLAT 1301 CASCADES TOWER, 4 WESTFERRY ROAD |
5 Jul 2022 | £521,404 | £520,000 | FLAT 1005 CASCADES TOWER, 4 WESTFERRY ROAD |
31 Mar 2022 | £585,488 | £565,000 | FLAT 310 CASCADES TOWER, 4 WESTFERRY ROAD |
This house has a floor area of 82 sq meters or 888 sq feet when measured on 22 Feb 2012. Using an estimated price of £783,368 means this house is valued at £9,485 per sq meter (£881 per sq foot).
The average size of a house on WESTFERRY ROAD is 73 sq meters (788 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Chandlers Mews | |
Jan 2024 | Anti-social behaviour | On or near Chandlers Mews | |
Jan 2024 | Anti-social behaviour | On or near Chandlers Mews | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chandlers Mews |