£591,021
This estimated value is based upon the latest sale price for the house of £470,000 on 12 Apr 2018. 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 |
|---|---|
| £470,000 | 12 Apr 2018 |
| £435,000 | 8 May 2015 |
| £373,940 | 27 Jan 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £470,000 results in an estimated price of approximately £591,021.
| 12 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £470,000 | £121,021 | £591,021 |
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 | -23.098 % | £-108,558 | £361,441 |
| 3 Month Average | 17.306 % | £81,336 | £551,336 |
| 6 Month Average | 4.917 % | £23,110 | £493,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £573,014 | £560,000 | APARTMENT 53 HORIZONS TOWER, 1 YABSLEY STREET |
| 29 Sep 2021 | £455,939 | £420,000 | APARTMENT 140 HORIZONS TOWER, 1 YABSLEY STREET |
| 13 Jul 2021 | £607,831 | £525,000 | APARTMENT 84 HORIZONS TOWER, 1 YABSLEY STREET |
| 30 Jun 2021 | £421,538 | £390,000 | APARTMENT 23 HORIZONS TOWER, 1 YABSLEY STREET |
| 29 Jun 2021 | £477,743 | £442,000 | APARTMENT 95 HORIZONS TOWER, 1 YABSLEY STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Oct 2008. Using an estimated price of £591,021 means this house is valued at £8,954 per sq meter (£831 per sq foot).
The average size of a house on PRESTONS ROAD is 62 sq meters (670 sq feet).