£513,374
This estimated value is based upon the latest sale price for the house of £500,000 on 20 May 2022. 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 |
|---|---|
| £500,000 | 20 May 2022 |
| £535,000 | 12 Dec 2016 |
| £403,888 | 1 Jun 2007 |
| £250,000 | 30 Jun 2004 |
| £185,000 | 11 Oct 2000 |
| £89,000 | 28 Jun 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £500,000 results in an estimated price of approximately £513,374.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £500,000 | £13,374 | £513,374 |
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 | -19.996 % | £-99,978 | £400,021 |
| 3 Month Average | 6.962 % | £34,811 | £534,811 |
| 6 Month Average | -2.314 % | £-11,571 | £488,428 |
| 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 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 1 Sep 2016. Using an estimated price of £513,374 means this house is valued at £7,440 per sq meter (£691 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 | 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 |