£570,831
This estimated value is based upon the latest sale price for the house of £435,000 on 29 Nov 2016. 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 |
|---|---|
| £435,000 | 29 Nov 2016 |
| £311,335 | 21 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 474 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.226%.Applying this 31.226% change to the original purchase price of £435,000 results in an estimated price of approximately £570,831.
| 29 Nov 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.0 | 31.226 % | £435,000 | £135,831 | £570,831 |
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 | -0.414 % | £-1,800 | £433,199 |
| 3 Month Average | -3.977 % | £-17,299 | £417,700 |
| 6 Month Average | 7.380 % | £32,101 | £467,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Apr 2023 | £503,744 | £500,000 | FLAT 1129 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 30 Jun 2021 | £432,780 | £405,000 | FLAT 1711 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 4 Dec 2020 | £363,499 | £318,000 | FLAT 320 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 11 Nov 2020 | £473,416 | £410,000 | FLAT 1332 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 19 Dec 2018 | £718,730 | £585,000 | FLAT 333 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
This house has a floor area of 44 sq meters or 474 sq feet when measured on 20 Nov 2008. Using an estimated price of £570,831 means this house is valued at £12,938 per sq meter (£1,201 per sq foot).
The average size of a house on FAIRMONT AVENUE is 63 sq meters (686 sq feet).