£205,987
This estimated value is based upon the latest sale price for the house of £120,000 on 18 Nov 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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New Providence Wharf, London, E14 9PW
Phone: 02081153317
| Price Paid | Date |
|---|---|
| £120,000 | 18 Nov 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 November 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.656%.Applying this 71.656% change to the original purchase price of £120,000 results in an estimated price of approximately £205,987.
| 18 Nov 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.0 | 71.656 % | £120,000 | £85,987 | £205,987 |
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 | 48.298 % | £57,958 | £177,958 |
| 3 Month Average | 31.163 % | £37,395 | £157,395 |
| 6 Month Average | 37.372 % | £44,846 | £164,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £917,355 | £900,000 | 11 PRIME MERIDIAN WALK |
| 30 Mar 2023 | £279,511 | £278,000 | FLAT 123 EXPLORERS COURT, 5 NEWPORT AVENUE |
| 29 Apr 2022 | £440,000 | £429,000 | FLAT 15 WINGFIELD COURT, 4 NEWPORT AVENUE |
| 28 Jan 2022 | £471,671 | £450,000 | FLAT 33 WINGFIELD COURT, 4 NEWPORT AVENUE |
| 30 Sep 2021 | £245,236 | £228,500 | FLAT 72 EXPLORERS COURT, 5 NEWPORT AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 28 Jul 2021. Using an estimated price of £205,988 means this house is valued at £3,551 per sq meter (£329 per sq foot).
The average size of a house on NEWPORT AVENUE is 68 sq meters (734 sq feet).