£238,742
This estimated value is based upon the latest sale price for the house of £172,500 on 14 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Basin Approach
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Ebb Court, Albert Basin Way, E16 2QN
Phone: 02035447217
| Price Paid | Date |
|---|---|
| £172,500 | 14 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £172,500 results in an estimated price of approximately £238,742.
| 14 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £172,500 | £66,242 | £238,742 |
The Postcode Pricing Model uses changes in average sales price within the E16 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 | 28.904 % | £49,859 | £222,359 |
| 3 Month Average | 25.041 % | £43,195 | £215,695 |
| 6 Month Average | 21.300 % | £36,741 | £209,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £325,699 | £320,000 | FLAT 502 WINDWARD COURT, 5 GALLIONS ROAD |
| 11 Jun 2021 | £343,336 | £320,000 | FLAT 210 FATHOM COURT, 2 BASIN APPROACH |
| 6 Jul 2020 | £477,635 | £395,000 | FLAT 503 FATHOM COURT, 2 BASIN APPROACH |
| 14 Feb 2020 | £483,279 | £395,000 | FLAT 203 FATHOM COURT, 2 BASIN APPROACH |
| 29 Aug 2019 | £381,475 | £310,000 | FLAT 608 FATHOM COURT, 2 BASIN APPROACH |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Jun 2015. Using an estimated price of £238,742 means this house is valued at £3,510 per sq meter (£326 per sq foot).
The average size of a house on GALLIONS ROAD is 70 sq meters (760 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Basin Approach |
| Apr 2024 | Robbery | Under investigation | On or near Basin Approach |
| Apr 2024 | Shoplifting | Under investigation | On or near Basin Approach |
| Mar 2024 | Burglary | Under investigation | On or near Basin Approach |
| Mar 2024 | Burglary | Under investigation | On or near Basin Approach |