£381,288
This estimated value is based upon the latest sale price for the house of £298,000 on 10 Aug 2017. 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 |
|---|---|
| £298,000 | 10 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £298,000 results in an estimated price of approximately £381,288.
| 10 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £298,000 | £83,288 | £381,288 |
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 | 33.374 % | £99,455 | £397,455 |
| 3 Month Average | 1.051 % | £3,132 | £301,132 |
| 6 Month Average | -9.843 % | £-29,331 | £268,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £448,790 | £435,000 | FLAT 50 THE GRAINSTORE, 4 WESTERN GATEWAY |
| 13 Nov 2023 | £297,553 | £290,000 | FLAT 15 THE GRAINSTORE, 3 SEAGULL LANE |
| 2 Jun 2023 | £302,053 | £296,000 | FLAT 24A THE GRAINSTORE, 4 WESTERN GATEWAY |
| 11 Nov 2022 | £286,162 | £287,500 | FLAT 11 THE GRAINSTORE, 3 SEAGULL LANE |
| 14 Jan 2022 | £418,778 | £395,000 | FLAT 16 THE GRAINSTORE, 4 WESTERN GATEWAY |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 6 Feb 2017. Using an estimated price of £381,288 means this house is valued at £9,078 per sq meter (£843 per sq foot).
The average size of a house on SEAGULL LANE is 62 sq meters (675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Murray Square | |
| Apr 2024 | Anti-social behaviour | On or near Murray Square | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Murray Square |
| Apr 2024 | Anti-social behaviour | On or near Murray Square | |
| Apr 2024 | Anti-social behaviour | On or near Murray Square |