£677,882
This estimated value is based upon the latest sale price for the house of £398,000 on 17 Feb 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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20 Unit B, Western Gateway, Royal Victoria, Docklands, E16 1BS
Phone: 02080336025
| Price Paid | Date |
|---|---|
| £398,000 | 17 Feb 2010 |
| £460,000 | 6 Jun 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 February 2010 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £398,000 results in an estimated price of approximately £677,882.
| 17 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £398,000 | £279,882 | £677,882 |
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 | 77.744 % | £309,421 | £707,421 |
| 3 Month Average | 82.853 % | £329,755 | £727,755 |
| 6 Month Average | 71.963 % | £286,411 | £684,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £516,253 | £510,000 | FLAT 3 THE OXYGEN, 18 WESTERN GATEWAY |
| 30 Mar 2023 | £312,948 | £310,000 | FLAT 65 THE OXYGEN, 18 WESTERN GATEWAY |
| 1 Mar 2023 | £287,711 | £285,000 | FLAT 13 THE OXYGEN, 18 WESTERN GATEWAY |
| 21 Jan 2022 | £337,297 | £320,500 | FLAT 59 THE OXYGEN, 18 WESTERN GATEWAY |
| 29 Nov 2021 | £342,840 | £317,000 | FLAT 8 THE OXYGEN, 18 WESTERN GATEWAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Aug 2021. Using an estimated price of £677,883 means this house is valued at £8,368 per sq meter (£777 per sq foot).
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).