£1,283,111
This estimated value is based upon the latest sale price for the house of £525,000 on 21 Mar 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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69 Cannon Workshops, 3 Cannon Drive, Canary Wharf, London, E14 4AS
Phone: 02080335684
Price Paid | Date |
---|---|
£525,000 | 21 Mar 2003 |
£437,593 | 26 Jul 2000 |
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 2003 the House Price Index for GREATER LONDON was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £525,000 results in an estimated price of approximately £1,283,111.
21 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 149.7 | 144.402 % | £525,000 | £758,111 | £1,283,111 |
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 | 81.090 % | £425,724 | £950,724 |
3 Month Average | 123.193 % | £646,765 | £1,171,765 |
6 Month Average | 106.581 % | £559,549 | £1,084,549 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £1,041,436 | £1,015,000 | APARTMENT 51 EATON HOUSE, 38 WESTFERRY CIRCUS |
19 Nov 2021 | £1,056,834 | £970,000 | APARTMENT 141 EATON HOUSE, 38 WESTFERRY CIRCUS |
10 Jul 2020 | £676,075 | £555,000 | APARTMENT 61 BERKELEY TOWER, 48 WESTFERRY CIRCUS |
27 Jan 2020 | £933,845 | £760,000 | APARTMENT G2 EATON HOUSE, 38 WESTFERRY CIRCUS |
9 Sep 2019 | £648,924 | £525,000 | APARTMENT 94 EATON HOUSE, 38 WESTFERRY CIRCUS |