£1,324,581
This estimated value is based upon the latest sale price for the house of £420,000 on 21 Dec 2001. 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 |
---|---|
£420,000 | 21 Dec 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 114 sq meters or 1,227 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 2001 the House Price Index for GREATER LONDON was 46.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 215.376%.Applying this 215.376% change to the original purchase price of £420,000 results in an estimated price of approximately £1,324,581.
21 Dec 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 148.0 | 215.376 % | £420,000 | £904,581 | £1,324,581 |
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 | 124.981 % | £524,920 | £944,920 |
3 Month Average | 111.278 % | £467,369 | £887,369 |
6 Month Average | 119.827 % | £503,272 | £923,272 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £1,028,200 | £1,015,000 | APARTMENT 51 EATON HOUSE, 38 WESTFERRY CIRCUS |
19 Nov 2021 | £1,044,833 | £970,000 | APARTMENT 141 EATON HOUSE, 38 WESTFERRY CIRCUS |
10 Jun 2021 | £400,722 | £375,000 | APARTMENT 33 BERKELEY TOWER, 48 WESTFERRY CIRCUS |
10 Jul 2020 | £668,398 | £555,000 | APARTMENT 61 BERKELEY TOWER, 48 WESTFERRY CIRCUS |
27 Jan 2020 | £923,240 | £760,000 | APARTMENT G2 EATON HOUSE, 38 WESTFERRY CIRCUS |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 28 May 2020. Using an estimated price of £1,324,581 means this house is valued at £11,619 per sq meter (£1,079 per sq foot).
The average size of a house on WESTFERRY CIRCUS is 112 sq meters (1,210 sq feet).