£624,511
This estimated value is based upon the latest sale price for the house of £507,500 on 5 Aug 2019. 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 |
---|---|
£507,500 | 5 Aug 2019 |
£507,500 | 5 Aug 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 861 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £507,500 results in an estimated price of approximately £624,511.
5 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £507,500 | £117,011 | £624,511 |
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 | 5.871 % | £29,793 | £537,293 |
3 Month Average | -5.590 % | £-28,370 | £479,129 |
6 Month Average | 1.079 % | £5,473 | £512,973 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jan 2023 | £587,234 | £590,000 | 11 ADA GARDENS |
16 May 2022 | £407,682 | £400,000 | FLAT 202 DRESS MAKERS HOUSE, 20 BLAIR STREET |
15 Nov 2021 | £383,937 | £355,000 | FLAT 203 CHAINMAKERS HOUSE, 46 BLAIR STREET |
28 Oct 2021 | £462,508 | £418,000 | FLAT 602 DRESS MAKERS HOUSE, 20 BLAIR STREET |
26 Oct 2021 | £456,754 | £412,800 | FLAT 503 DRESS MAKERS HOUSE, 20 BLAIR STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Apr 2019. Using an estimated price of £624,512 means this house is valued at £7,806 per sq meter (£725 per sq foot).
The average size of a house on NEW VILLAGE AVENUE is 65 sq meters (705 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Valencia Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Valencia Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Valencia Close |
Mar 2024 | Anti-social behaviour | On or near Valencia Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Valencia Close |