£531,525
This estimated value is based upon the latest sale price for the house of £375,000 on 27 Oct 2015. 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 |
|---|---|
| £375,000 | 27 Oct 2015 |
| £296,875 | 6 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 698 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 October 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £375,000 results in an estimated price of approximately £531,525.
| 27 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £375,000 | £156,525 | £531,525 |
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 | 54.586 % | £204,697 | £579,697 |
| 3 Month Average | 11.640 % | £43,651 | £418,651 |
| 6 Month Average | 18.696 % | £70,111 | £445,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £448,790 | £435,000 | FLAT 50 THE GRAINSTORE, 4 WESTERN GATEWAY |
| 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 |
| 14 Jan 2022 | £418,778 | £395,000 | FLAT 16 THE GRAINSTORE, 4 WESTERN GATEWAY |
| 26 Nov 2021 | £354,094 | £325,000 | FLAT 54 THE GRAINSTORE, 4 WESTERN GATEWAY |
This house has a floor area of 64 sq meters or 698 sq feet when measured on 23 Nov 2010. Using an estimated price of £531,526 means this house is valued at £8,192 per sq meter (£761 per sq foot).
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | On or near Custom House (Station) | |
| May 2024 | Theft from the person | On or near Custom House (Station) | |
| May 2024 | Violence and sexual offences | On or near Custom House (Station) | |
| May 2024 | Other theft | On or near Custom House (Station) | |
| May 2024 | Violence and sexual offences | On or near Custom House (Station) |