£773,337
This estimated value is based upon the latest sale price for the house of £620,000 on 18 May 2018. 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 |
|---|---|
| £620,000 | 18 May 2018 |
| £160,000 | 20 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 881 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £620,000 results in an estimated price of approximately £773,337.
| 18 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £620,000 | £153,337 | £773,337 |
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 | -9.827 % | £-60,925 | £559,074 |
| 3 Month Average | -4.161 % | £-25,801 | £594,198 |
| 6 Month Average | -1.057 % | £-6,552 | £613,447 |
| 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 81 sq meters or 881 sq feet when measured on 1 Apr 2009. Using an estimated price of £773,338 means this house is valued at £9,444 per sq meter (£877 per sq foot).
The average size of a house on WESTFERRY ROAD is 73 sq meters (788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Chandlers Mews |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chandlers Mews |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chandlers Mews |
| Apr 2024 | Vehicle crime | Under investigation | On or near Chandlers Mews |
| Apr 2024 | Other theft | Under investigation | On or near Chandlers Mews |