£718,344
This estimated value is based upon the latest sale price for the house of £190,000 on 16 Jun 2000. 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 |
---|---|
£190,000 | 16 Jun 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 2000 the House Price Index for GREATER LONDON was 39.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 278.076%.Applying this 278.076% change to the original purchase price of £190,000 results in an estimated price of approximately £718,344.
16 Jun 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.6 | 149.7 | 278.076 % | £190,000 | £528,344 | £718,344 |
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 | 146.450 % | £278,255 | £468,255 |
3 Month Average | 187.516 % | £356,279 | £546,279 |
6 Month Average | 204.362 % | £388,286 | £578,286 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £446,866 | £440,000 | FLAT 3 BRIDGE COURT, 13 NEWPORT AVENUE |
16 Oct 2023 | £460,458 | £450,000 | FLAT 35 ADVENTURERS COURT, 12 NEWPORT AVENUE |
16 Mar 2023 | £437,303 | £430,000 | FLAT 5 KEEL COURT, 11 NEWPORT AVENUE |
23 Jan 2023 | £330,884 | £330,000 | FLAT 7 ADVENTURERS COURT, 12 NEWPORT AVENUE |
22 Oct 2021 | £490,454 | £440,000 | FLAT 27 ADVENTURERS COURT, 12 NEWPORT AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Mar 2021. Using an estimated price of £718,344 means this house is valued at £9,092 per sq meter (£844 per sq foot).
The average size of a house on NEWPORT AVENUE is 68 sq meters (734 sq feet).