£504,000
This estimated value is based upon the latest sale price for the house of £315,000 on 26 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Millennium Harbour, 22 Westferry Road, London, E14 8LW
Phone: 02081155164
Price Paid | Date |
---|---|
£315,000 | 26 Oct 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 October 2007 the House Price Index for GREATER LONDON was 64.0.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 60.000%.Applying this 60.000% change to the original purchase price of £315,000 results in an estimated price of approximately £504,000.
26 Oct 2007 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.0 | 102.4 | 60.000 % | £315,000 | £189,000 | £504,000 |
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 | 18.664 % | £58,792 | £373,792 |
3 Month Average | 35.966 % | £113,294 | £428,294 |
6 Month Average | 50.038 % | £157,620 | £472,620 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2024 | £492,210 | £485,000 | FLAT 48 SEACON TOWER, 5 HUTCHINGS STREET |
10 Oct 2024 | £509,960 | £500,000 | FLAT 79 SEACON TOWER, 5 HUTCHINGS STREET |
12 Aug 2024 | £530,010 | £515,000 | FLAT 34 SEACON TOWER, 5 HUTCHINGS STREET |
12 Apr 2024 | £531,272 | £510,000 | FLAT 80 NAXOS BUILDING, 4 HUTCHINGS STREET |
5 Apr 2024 | £578,149 | £555,000 | FLAT 93 SEACON TOWER, 5 HUTCHINGS STREET |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 28 Mar 2014. Using an estimated price of £504,000 means this house is valued at £10,956 per sq meter (£1,017 per sq foot).
The average size of a house on HUTCHINGS STREET is 66 sq meters (712 sq feet).