£481,371
This estimated value is based upon the latest sale price for the house of £377,000 on 27 Sep 2017. 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 |
---|---|
£377,000 | 27 Sep 2017 |
£182,400 | 21 Feb 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £377,000 results in an estimated price of approximately £481,371.
27 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £377,000 | £104,371 | £481,371 |
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 | 3.948 % | £14,884 | £391,884 |
3 Month Average | 1.760 % | £6,636 | £383,636 |
6 Month Average | 4.978 % | £18,765 | £395,765 |
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 50 sq meters or 538 sq feet when measured on 4 Jul 2020. Using an estimated price of £481,372 means this house is valued at £9,627 per sq meter (£894 per sq foot).
The average size of a house on BLACKWALL WAY is 63 sq meters (681 sq feet).