£334,622
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Dec 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 |
|---|---|
| £240,000 | 1 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £240,000 results in an estimated price of approximately £334,622.
| 1 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £240,000 | £94,622 | £334,622 |
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 | 37.827 % | £90,784 | £330,784 |
| 3 Month Average | 31.876 % | £76,503 | £316,503 |
| 6 Month Average | 26.206 % | £62,894 | £302,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £799,569 | £775,000 | FLAT 510 CASCADES TOWER, 4 WESTFERRY ROAD |
| 27 Oct 2023 | £537,201 | £525,000 | FLAT 707 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 |
| 15 Aug 2022 | £632,960 | £630,000 | FLAT 202 CASCADES TOWER, 4 WESTFERRY ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 19 Sep 2019. Using an estimated price of £334,622 means this house is valued at £4,080 per sq meter (£379 per sq foot).
The average size of a house on WESTFERRY ROAD is 73 sq meters (788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Chandlers Mews |
| Oct 2024 | Anti-social behaviour | 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 | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chandlers Mews |