£579,296
This estimated value is based upon the latest sale price for the house of £470,000 on 28 Feb 2020. 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 |
|---|---|
| £470,000 | 28 Feb 2020 |
| £385,000 | 18 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £470,000 results in an estimated price of approximately £579,296.
| 28 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £470,000 | £109,296 | £579,296 |
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 | -16.493 % | £-77,518 | £392,481 |
| 3 Month Average | -5.713 % | £-26,849 | £443,150 |
| 6 Month Average | 26.742 % | £125,689 | £595,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2022 | £103,349 | £99,000 | FLAT 347 NEUTRON TOWER, 6 BLACKWALL WAY |
| 22 Oct 2021 | £298,731 | £268,000 | FLAT 344 NEUTRON TOWER, 6 BLACKWALL WAY |
| 28 Feb 2020 | £579,297 | £470,000 | FLAT 409 NEUTRON TOWER, 6 BLACKWALL WAY |
| 15 Nov 2019 | £568,341 | £460,000 | FLAT 433 NEUTRON TOWER, 6 BLACKWALL WAY |
| 2 Aug 2019 | £396,696 | £320,000 | FLAT 364 NEUTRON TOWER, 6 BLACKWALL WAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Aug 2019. Using an estimated price of £579,297 means this house is valued at £6,979 per sq meter (£648 per sq foot).
The average size of a house on BLACKWALL WAY is 63 sq meters (681 sq feet).