£491,357
This estimated value is based upon the latest sale price for the house of £400,000 on 9 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Fairmont Avenue
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8 New Providence Wharf, 1 Fairmont Avenue, London, E14 9PA
Phone: 02080225575
| Price Paid | Date |
|---|---|
| £400,000 | 9 Jul 2019 |
| £348,000 | 14 Aug 2007 |
| £275,000 | 4 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £400,000 results in an estimated price of approximately £491,357.
| 9 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £400,000 | £91,357 | £491,357 |
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 | -1.663 % | £-6,650 | £393,349 |
| 3 Month Average | -3.993 % | £-15,972 | £384,027 |
| 6 Month Average | -0.010 % | £-39 | £399,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £501,695 | £500,000 | FLAT 508 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 10 Aug 2023 | £696,737 | £692,500 | FLAT 611 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 6 Jan 2023 | £303,738 | £306,406 | FLAT 304 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 22 Feb 2021 | £734,912 | £650,000 | FLAT 309 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 9 Jul 2019 | £491,358 | £400,000 | FLAT 1106 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 23 Jul 2013. Using an estimated price of £491,358 means this house is valued at £8,933 per sq meter (£829 per sq foot).
The average size of a house on FAIRMONT AVENUE is 63 sq meters (686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Fairmont Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Fairmont Avenue |
| Apr 2024 | Theft from the person | Under investigation | On or near Fairmont Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairmont Avenue |
| Mar 2024 | Anti-social behaviour | On or near Fairmont Avenue |