£785,822
This estimated value is based upon the latest sale price for the house of £475,000 on 15 Jan 2007. 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 |
|---|---|
| £475,000 | 15 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 January 2007 the House Price Index for GREATER LONDON was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £475,000 results in an estimated price of approximately £785,822.
| 15 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £475,000 | £310,822 | £785,822 |
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 | 33.567 % | £159,442 | £634,442 |
| 3 Month Average | 69.350 % | £329,414 | £804,414 |
| 6 Month Average | 62.772 % | £298,166 | £773,166 |
| 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 92 sq meters or 990 sq feet when measured on 1 Apr 2020. Using an estimated price of £785,822 means this house is valued at £8,541 per sq meter (£793 per sq foot).
The average size of a house on FAIRMONT AVENUE is 63 sq meters (686 sq feet).