£345,951
This estimated value is based upon the latest sale price for the house of £215,000 on 31 Jan 2014. 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 |
---|---|
£215,000 | 31 Jan 2014 |
£215,000 | 31 Jan 2014 |
£189,000 | 16 Jul 2004 |
£132,995 | 25 Aug 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £215,000 results in an estimated price of approximately £345,951.
31 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £215,000 | £130,951 | £345,951 |
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 | 13.313 % | £28,622 | £243,622 |
3 Month Average | 38.190 % | £82,108 | £297,108 |
6 Month Average | 33.128 % | £71,225 | £286,225 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £340,462 | £330,000 | FLAT 45 STUDLEY COURT, 5 PRIME MERIDIAN WALK |
11 Aug 2023 | £442,990 | £435,000 | FLAT 11 STUDLEY COURT, 5 PRIME MERIDIAN WALK |
8 Aug 2023 | £616,112 | £605,000 | FLAT 2 WOTTON COURT, 6 JAMESTOWN WAY |
2 Aug 2023 | £343,190 | £337,000 | FLAT 30 BARTHOLOMEW COURT, 10 NEWPORT AVENUE |
30 Jan 2023 | £493,318 | £492,000 | FLAT 29 STUDLEY COURT, 5 PRIME MERIDIAN WALK |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 1 Jun 2021. Using an estimated price of £345,951 means this house is valued at £7,060 per sq meter (£655 per sq foot).
The average size of a house on NEWPORT AVENUE is 68 sq meters (735 sq feet).