£534,034
This estimated value is based upon the latest sale price for the house of £425,000 on 15 May 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 |
|---|---|
| £425,000 | 15 May 2018 |
| £250,000 | 30 Apr 2009 |
| £276,800 | 5 Feb 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 657 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £425,000 results in an estimated price of approximately £534,034.
| 15 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £425,000 | £109,034 | £534,034 |
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 | -10.107 % | £-42,953 | £382,046 |
| 3 Month Average | -1.302 % | £-5,533 | £419,466 |
| 6 Month Average | 5.934 % | £25,220 | £450,220 |
| 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 61 sq meters or 657 sq feet when measured on 17 Mar 2009. Using an estimated price of £534,035 means this house is valued at £8,746 per sq meter (£812 per sq foot).
The average size of a house on BLACKWALL WAY is 63 sq meters (681 sq feet).