£708,852
This estimated value is based upon the latest sale price for the house of £155,000 on 29 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Maritime Quay, Mercator Place, London, E14 3QD
Phone: 02081158042
| Price Paid | Date |
|---|---|
| £155,000 | 29 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 January 1999 the House Price Index for GREATER LONDON was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £155,000 results in an estimated price of approximately £708,852.
| 29 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £155,000 | £553,852 | £708,852 |
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 | 223.974 % | £347,159 | £502,159 |
| 3 Month Average | 293.013 % | £454,170 | £609,170 |
| 6 Month Average | 310.859 % | £481,831 | £636,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2022 | £514,196 | £485,000 | FLAT 3 SHACKLETON COURT, 2 MARITIME QUAY |
| 25 Jun 2021 | £594,477 | £550,000 | FLAT 14 PERRY COURT, 1 MARITIME QUAY |
| 16 Aug 2019 | £684,300 | £552,000 | FLAT 10 PERRY COURT, 1 MARITIME QUAY |
| 26 Jul 2019 | £590,190 | £475,000 | FLAT 13 PERRY COURT, 1 MARITIME QUAY |
| 2 Nov 2018 | £361,256 | £291,010 | FLAT 6 SHACKLETON COURT, 2 MARITIME QUAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 Dec 2013. Using an estimated price of £708,853 means this house is valued at £10,126 per sq meter (£940 per sq foot).
The average size of a house on MAGELLAN PLACE is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Torres Square | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Torres Square |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Torres Square |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Torres Square |
| Aug 2024 | Anti-social behaviour | On or near Torres Square |