£939,914
This estimated value is based upon the latest sale price for the house of £635,000 on 29 Apr 2015. 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 |
---|---|
£635,000 | 29 Apr 2015 |
£450,000 | 23 Dec 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 890 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 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £635,000 results in an estimated price of approximately £939,914.
29 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £635,000 | £304,914 | £939,914 |
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 | -2.260 % | £-14,349 | £620,650 |
3 Month Average | 30.532 % | £193,880 | £828,880 |
6 Month Average | 19.718 % | £125,210 | £760,210 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £475,807 | £465,000 | FLAT 422 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
13 Apr 2023 | £509,530 | £500,000 | FLAT 1129 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
15 Nov 2022 | £507,626 | £510,000 | FLAT 1421 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
4 Dec 2020 | £367,675 | £318,000 | FLAT 320 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
31 Oct 2018 | £471,744 | £380,000 | FLAT 623 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
This house has a floor area of 82 sq meters or 890 sq feet when measured on 31 Mar 2009. Using an estimated price of £939,914 means this house is valued at £11,357 per sq meter (£1,055 per sq foot).
The average size of a house on FAIRMONT AVENUE is 63 sq meters (686 sq feet).