£743,353
This estimated value is based upon the latest sale price for the house of £650,000 on 22 Feb 2021. 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 |
|---|---|
| £650,000 | 22 Feb 2021 |
| £610,000 | 27 Mar 2015 |
| £347,000 | 25 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 February 2021 the House Price Index for GREATER LONDON was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £650,000 results in an estimated price of approximately £743,353.
| 22 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 149.7 | 14.362 % | £650,000 | £93,353 | £743,353 |
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 | -29.782 % | £-193,585 | £456,414 |
| 3 Month Average | -19.823 % | £-128,848 | £521,151 |
| 6 Month Average | -30.066 % | £-195,431 | £454,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £705,219 | £692,500 | FLAT 611 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 5 Apr 2023 | £672,580 | £660,000 | FLAT 702 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 22 Feb 2021 | £743,354 | £650,000 | FLAT 309 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 9 Jul 2019 | £497,002 | £400,000 | FLAT 1106 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
| 1 Nov 2018 | £825,523 | £665,000 | FLAT 1304 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Aug 2019. Using an estimated price of £743,354 means this house is valued at £9,177 per sq meter (£852 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 | Burglary | Under investigation | On or near Fairmont Avenue |
| Apr 2024 | Theft from the person | Under investigation | On or near Fairmont Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Fairmont Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairmont Avenue |