£412,560
This estimated value is based upon the latest sale price for the house of £333,000 on 8 Jun 2018. 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 |
---|---|
£333,000 | 8 Jun 2018 |
£249,000 | 12 Jul 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 401 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £333,000 results in an estimated price of approximately £412,560.
8 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.0 | 23.892 % | £333,000 | £79,560 | £412,560 |
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 | -14.014 % | £-46,668 | £286,331 |
3 Month Average | -7.831 % | £-26,078 | £306,921 |
6 Month Average | -5.359 % | £-17,844 | £315,155 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £275,207 | £270,000 | FLAT 2207 ONTARIO TOWER, 4 FAIRMONT AVENUE |
14 Jul 2023 | £373,533 | £370,000 | FLAT 2311 ONTARIO TOWER, 4 FAIRMONT AVENUE |
2 Jun 2023 | £287,330 | £285,000 | FLAT 1209 ONTARIO TOWER, 4 FAIRMONT AVENUE |
1 Jun 2023 | £352,861 | £350,000 | FLAT 2211 ONTARIO TOWER, 4 FAIRMONT AVENUE |
20 Apr 2023 | £327,434 | £325,000 | FLAT 1511 ONTARIO TOWER, 4 FAIRMONT AVENUE |
This house has a floor area of 37 sq meters or 401 sq feet when measured on 31 Mar 2010. Using an estimated price of £412,560 means this house is valued at £11,072 per sq meter (£1,028 per sq foot).
The average size of a house on FAIRMONT AVENUE is 63 sq meters (686 sq feet).