£305,510
This estimated value is based upon the latest sale price for the house of £300,000 on 4 Aug 2023. 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 |
---|---|
£300,000 | 4 Aug 2023 |
£230,000 | 31 Mar 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £300,000 results in an estimated price of approximately £305,510.
4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £300,000 | £5,510 | £305,510 |
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 | -2.015 % | £-6,043 | £293,956 |
3 Month Average | -8.687 % | £-26,060 | £273,939 |
6 Month Average | -6.733 % | £-20,198 | £279,801 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £319,828 | £310,000 | APARTMENT 43 WESTGATE APARTMENTS, 14 WESTERN GATEWAY |
19 Sep 2023 | £400,836 | £392,000 | APARTMENT 106 WESTGATE APARTMENTS, 14 WESTERN GATEWAY |
9 Aug 2023 | £297,872 | £292,500 | APARTMENT 120 WESTGATE APARTMENTS, 14 WESTERN GATEWAY |
4 Aug 2023 | £305,510 | £300,000 | APARTMENT 140 WESTGATE APARTMENTS, 14 WESTERN GATEWAY |
1 Jun 2023 | £423,487 | £415,000 | APARTMENT 123 WESTGATE APARTMENTS, 14 WESTERN GATEWAY |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 24 Jun 2014. Using an estimated price of £305,510 means this house is valued at £6,234 per sq meter (£579 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 | Violence and sexual offences | Under investigation | On or near Western Gateway |
Apr 2024 | Public order | Under investigation | On or near Western Gateway |
Apr 2024 | Shoplifting | Under investigation | On or near Western Gateway |
Apr 2024 | Shoplifting | Under investigation | On or near Western Gateway |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Western Gateway |