£511,393
This estimated value is based upon the latest sale price for the house of £390,000 on 12 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 |
|---|---|
| £390,000 | 12 Dec 2016 |
| £220,000 | 27 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £390,000 results in an estimated price of approximately £511,393.
| 12 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £390,000 | £121,393 | £511,393 |
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 | 40.169 % | £156,659 | £546,659 |
| 3 Month Average | 16.223 % | £63,269 | £453,269 |
| 6 Month Average | 1.404 % | £5,474 | £395,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £778,623 | £765,000 | FLAT 14 K WAREHOUSE WESTERN GATEWAY |
| 2 Jun 2023 | £299,629 | £296,000 | FLAT 24A THE GRAINSTORE, 4 WESTERN GATEWAY |
| 4 Mar 2022 | £414,505 | £400,000 | FLAT 12 WAREHOUSE W, 3 WESTERN GATEWAY |
| 14 Jan 2022 | £415,701 | £395,000 | FLAT 16 THE GRAINSTORE, 4 WESTERN GATEWAY |
| 26 Nov 2021 | £351,492 | £325,000 | FLAT 54 THE GRAINSTORE, 4 WESTERN GATEWAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 8 Oct 2016. Using an estimated price of £511,394 means this house is valued at £9,132 per sq meter (£848 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 | Theft from the person | On or near Custom House (Station) | |
| Apr 2024 | Theft from the person | On or near Custom House (Station) | |
| Apr 2024 | Bicycle theft | On or near Custom House (Station) | |
| Mar 2024 | Theft from the person | On or near Custom House (Station) | |
| Mar 2024 | Public order | On or near Custom House (Station) |