£495,869
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 New Providence Wharf, 1 Fairmont Avenue, London, E14 9PA
Phone: 02080225575
Price Paid | Date |
---|---|
£400,000 | 20 Aug 2019 |
£363,375 | 9 Sep 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £400,000 results in an estimated price of approximately £495,869.
20 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £400,000 | £95,869 | £495,869 |
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 | 2.959 % | £11,835 | £411,835 |
3 Month Average | 13.418 % | £53,673 | £453,673 |
6 Month Average | 16.446 % | £65,783 | £465,783 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jan 2022 | £446,343 | £421,000 | APARTMENT 111 HORIZONS TOWER, 1 YABSLEY STREET |
29 Sep 2021 | £455,939 | £420,000 | APARTMENT 140 HORIZONS TOWER, 1 YABSLEY STREET |
30 Jun 2021 | £421,538 | £390,000 | APARTMENT 23 HORIZONS TOWER, 1 YABSLEY STREET |
27 May 2021 | £458,776 | £403,000 | APARTMENT 61 HORIZONS TOWER, 1 YABSLEY STREET |
30 Apr 2021 | £676,835 | £595,000 | APARTMENT 27 HORIZONS TOWER, 1 YABSLEY STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 27 Jun 2016. Using an estimated price of £495,870 means this house is valued at £9,722 per sq meter (£903 per sq foot).
The average size of a house on YABSLEY STREET is 70 sq meters (756 sq feet).