£458,022
This estimated value is based upon the latest sale price for the house of £92,450 on 31 Oct 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 New Providence Wharf, 1 Fairmont Avenue, London, E14 9PA
Phone: 02080225575
Price Paid | Date |
---|---|
£92,450 | 31 Oct 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £92,450 results in an estimated price of approximately £458,022.
31 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.0 | 148.6 | 395.428 % | £92,450 | £365,572 | £458,022 |
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 | 299.918 % | £277,273 | £369,723 |
3 Month Average | 295.861 % | £273,523 | £365,973 |
6 Month Average | 306.057 % | £282,950 | £375,400 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £303,885 | £300,000 | 19 GASELEE STREET |
4 Aug 2023 | £504,413 | £500,000 | FLAT 104 STREAMLIGHT TOWER, 9 PROVINCE SQUARE |
27 Apr 2023 | £379,082 | £375,000 | FLAT 1902 STREAMLIGHT TOWER, 9 PROVINCE SQUARE |
31 Mar 2023 | £403,804 | £400,000 | 22 GASELEE STREET |
31 Mar 2022 | £569,944 | £550,000 | FLAT 1003 STREAMLIGHT TOWER, 9 PROVINCE SQUARE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 7 Dec 2016. Using an estimated price of £458,023 means this house is valued at £7,763 per sq meter (£721 per sq foot).
The average size of a house on GASELEE STREET is 77 sq meters (834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gaselee Street |
Dec 2023 | Other theft | Under investigation | On or near Gaselee Street |