£601,614
This estimated value is based upon the latest sale price for the house of £270,000 on 27 Nov 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 New Providence Wharf, 1 Fairmont Avenue, London, E14 9PA
Phone: 02080225575
| Price Paid | Date |
|---|---|
| £270,000 | 27 Nov 2003 |
| Terraced |
| Freehold |
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 2003 the House Price Index for GREATER LONDON was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £270,000 results in an estimated price of approximately £601,614.
| 27 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £270,000 | £331,614 | £601,614 |
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 | 77.626 % | £209,590 | £479,590 |
| 3 Month Average | 113.040 % | £305,206 | £575,206 |
| 6 Month Average | 121.143 % | £327,085 | £597,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £306,762 | £300,000 | 19 GASELEE STREET |
| 4 Aug 2023 | £509,184 | £500,000 | FLAT 104 STREAMLIGHT TOWER, 9 PROVINCE SQUARE |
| 27 Apr 2023 | £382,148 | £375,000 | FLAT 1902 STREAMLIGHT TOWER, 9 PROVINCE SQUARE |
| 31 Mar 2023 | £406,793 | £400,000 | 22 GASELEE STREET |
| 31 Mar 2022 | £574,163 | £550,000 | FLAT 1003 STREAMLIGHT TOWER, 9 PROVINCE SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Gaselee Street |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Gaselee Street |