£504,654
This estimated value is based upon the latest sale price for the house of £405,000 on 21 Aug 2018. 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 |
---|---|
£405,000 | 21 Aug 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £405,000 results in an estimated price of approximately £504,654.
21 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £405,000 | £99,654 | £504,654 |
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 | -23.174 % | £-93,854 | £311,145 |
3 Month Average | -7.655 % | £-31,000 | £373,999 |
6 Month Average | -7.452 % | £-30,179 | £374,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £386,888 | £375,000 | FLAT 810 LIGHTERMAN POINT, 3 NEW VILLAGE AVENUE |
15 Sep 2023 | £521,496 | £510,000 | FLAT 904 LIGHTERMAN POINT, 3 NEW VILLAGE AVENUE |
12 Jun 2023 | £469,407 | £460,000 | FLAT 604 LIGHTERMAN POINT, 3 NEW VILLAGE AVENUE |
1 Jun 2023 | £454,100 | £445,000 | FLAT 507 LIGHTERMAN POINT, 3 NEW VILLAGE AVENUE |
16 Sep 2022 | £239,475 | £239,635 | 16 OBAN STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 25 Sep 2014. Using an estimated price of £504,654 means this house is valued at £7,009 per sq meter (£651 per sq foot).
The average size of a house on NEW VILLAGE AVENUE is 65 sq meters (706 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Catkin Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Portree Street |
Apr 2024 | Theft from the person | Under investigation | On or near Portree Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Portree Street |