£478,443
This estimated value is based upon the latest sale price for the house of £305,000 on 25 Apr 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
20 Unit B, Western Gateway, Royal Victoria, Docklands, E16 1BS
Phone: 02080336025
| Price Paid | Date |
|---|---|
| £305,000 | 25 Apr 2014 |
| £295,000 | 14 May 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 April 2014 the House Price Index for GREATER LONDON was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £305,000 results in an estimated price of approximately £478,443.
| 25 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £305,000 | £173,443 | £478,443 |
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 | 76.069 % | £232,009 | £537,009 |
| 3 Month Average | 37.376 % | £113,997 | £418,997 |
| 6 Month Average | 50.453 % | £153,882 | £458,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £453,975 | £447,000 | FLAT 112 THE OXYGEN, 18 WESTERN GATEWAY |
| 17 Nov 2023 | £466,851 | £455,000 | FLAT 38 THE OXYGEN, 18 WESTERN GATEWAY |
| 23 Jun 2023 | £520,429 | £510,000 | FLAT 3 THE OXYGEN, 18 WESTERN GATEWAY |
| 30 Mar 2023 | £315,265 | £310,000 | FLAT 65 THE OXYGEN, 18 WESTERN GATEWAY |
| 1 Mar 2023 | £289,840 | £285,000 | FLAT 13 THE OXYGEN, 18 WESTERN GATEWAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 16 Jan 2014. Using an estimated price of £478,443 means this house is valued at £8,698 per sq meter (£808 per sq foot).
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).