£416,738
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Dec 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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39 Westferry Road, London, E14 8JH
Phone: 02075171199
Price Paid | Date |
---|---|
£240,000 | 14 Dec 2011 |
£240,000 | 21 Oct 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 December 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £240,000 results in an estimated price of approximately £416,738.
14 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £240,000 | £176,738 | £416,738 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | 47.009 % | £112,822 | £352,822 |
3 Month Average | 59.858 % | £143,658 | £383,658 |
6 Month Average | 58.893 % | £141,343 | £381,343 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2021 | £702,563 | £650,000 | FLAT 17 REGATTA POINT, 1 MANILLA STREET |
29 Sep 2020 | £299,043 | £250,000 | FLAT 39 9 BYNG STREET |
25 Mar 2020 | £2,110,909 | £1,739,733 | 22 WESTFERRY ROAD |
30 Sep 2019 | £574,762 | £465,000 | FLAT 22 2 MANILLA STREET |
9 May 2019 | £386,039 | £310,000 | FLAT 21 4 MANILLA STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 26 Jul 2019. Using an estimated price of £416,738 means this house is valued at £10,418 per sq meter (£967 per sq foot).
The average size of a house on MANILLA STREET is 65 sq meters (710 sq feet).