£385,886
This estimated value is based upon the latest sale price for the house of £243,000 on 13 Jul 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 |
|---|---|
| £243,000 | 13 Jul 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 301 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 2007 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £243,000 results in an estimated price of approximately £385,886.
| 13 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £243,000 | £142,886 | £385,886 |
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 | 50.158 % | £121,883 | £364,883 |
| 3 Month Average | 61.239 % | £148,810 | £391,810 |
| 6 Month Average | 63.620 % | £154,596 | £397,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £381,888 | £375,000 | FLAT 2604 ONTARIO TOWER, 4 FAIRMONT AVENUE |
| 1 Jun 2023 | £357,157 | £350,000 | FLAT 2211 ONTARIO TOWER, 4 FAIRMONT AVENUE |
| 9 Jan 2023 | £571,527 | £570,000 | FLAT 1904 ONTARIO TOWER, 4 FAIRMONT AVENUE |
| 3 Dec 2021 | £270,906 | £251,000 | FLAT 407 ONTARIO TOWER, 4 FAIRMONT AVENUE |
| 27 Aug 2021 | £339,972 | £302,500 | FLAT 1901 ONTARIO TOWER, 4 FAIRMONT AVENUE |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 15 Aug 2019. Using an estimated price of £385,886 means this house is valued at £13,781 per sq meter (£1,280 per sq foot).
The average size of a house on FAIRMONT AVENUE is 63 sq meters (686 sq feet).