£668,240
This estimated value is based upon the latest sale price for the house of £450,000 on 20 Mar 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Westferry Road, Canary Wharf, E14 8JT
Phone: 02080339174
| Price Paid | Date |
|---|---|
| £450,000 | 20 Mar 2015 |
| £125,000 | 11 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
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 March 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £450,000 results in an estimated price of approximately £668,240.
| 20 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £450,000 | £218,240 | £668,240 |
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 | 6.147 % | £27,662 | £477,662 |
| 3 Month Average | 27.397 % | £123,284 | £573,284 |
| 6 Month Average | 34.112 % | £153,502 | £603,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £799,569 | £775,000 | FLAT 510 CASCADES TOWER, 4 WESTFERRY ROAD |
| 15 Sep 2023 | £633,975 | £620,000 | FLAT 404 CASCADES TOWER, 4 WESTFERRY ROAD |
| 28 Apr 2023 | £529,912 | £520,000 | FLAT 1503 CASCADES TOWER, 4 WESTFERRY ROAD |
| 14 Sep 2022 | £499,666 | £500,000 | FLAT 1301 CASCADES TOWER, 4 WESTFERRY ROAD |
| 5 Jul 2022 | £525,263 | £520,000 | FLAT 1005 CASCADES TOWER, 4 WESTFERRY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Chandlers Mews | |
| Oct 2024 | Drugs | Under investigation | On or near Chandlers Mews |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chandlers Mews |
| Sep 2024 | Anti-social behaviour | On or near Chandlers Mews | |
| Sep 2024 | Anti-social behaviour | On or near Chandlers Mews |