£534,333
This estimated value is based upon the latest sale price for the house of £404,500 on 15 Dec 2016. 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 |
---|---|
£404,500 | 15 Dec 2016 |
£222,500 | 24 Nov 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £404,500 results in an estimated price of approximately £534,333.
15 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £404,500 | £129,833 | £534,333 |
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 | 54.092 % | £218,803 | £623,303 |
3 Month Average | 1.897 % | £7,674 | £412,174 |
6 Month Average | 1.862 % | £7,532 | £412,032 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £302,053 | £296,000 | FLAT 24A THE GRAINSTORE, 4 WESTERN GATEWAY |
4 Mar 2022 | £417,573 | £400,000 | FLAT 12 WAREHOUSE W, 3 WESTERN GATEWAY |
26 Nov 2021 | £354,094 | £325,000 | FLAT 54 THE GRAINSTORE, 4 WESTERN GATEWAY |
14 Sep 2021 | £499,362 | £460,000 | FLAT 63 THE GRAINSTORE, 4 WESTERN GATEWAY |
19 Aug 2021 | £486,075 | £432,500 | FLAT 4A THE GRAINSTORE, 4 WESTERN GATEWAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 27 Jun 2019. Using an estimated price of £534,334 means this house is valued at £6,763 per sq meter (£628 per sq foot).
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | On or near Custom House (Station) | |
Jun 2024 | Criminal damage and arson | On or near Custom House (Station) | |
Jun 2024 | Other theft | On or near Custom House (Station) | |
Jun 2024 | Theft from the person | On or near Custom House (Station) | |
May 2024 | Theft from the person | On or near Custom House (Station) |