£514,086
This estimated value is based upon the latest sale price for the house of £332,000 on 24 Jun 2014. 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 |
|---|---|
| £332,000 | 24 Jun 2014 |
| £308,700 | 4 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £332,000 results in an estimated price of approximately £514,086.
| 24 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £332,000 | £182,086 | £514,086 |
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 | 70.953 % | £235,562 | £567,562 |
| 3 Month Average | 29.885 % | £99,218 | £431,218 |
| 6 Month Average | 43.886 % | £145,702 | £477,702 |
| 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 71 sq meters or 764 sq feet when measured on 9 Jan 2020. Using an estimated price of £514,086 means this house is valued at £7,240 per sq meter (£672 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 |