£415,061
This estimated value is based upon the latest sale price for the house of £295,000 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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20 Unit B, Western Gateway, Royal Victoria, Docklands, E16 1BS
Phone: 02080336025
Price Paid | Date |
---|---|
£295,000 | 23 Oct 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £295,000 results in an estimated price of approximately £415,061.
23 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £295,000 | £120,061 | £415,061 |
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 | -3.024 % | £-8,920 | £286,079 |
3 Month Average | 14.514 % | £42,815 | £337,815 |
6 Month Average | 16.030 % | £47,288 | £342,288 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £473,048 | £467,000 | 17 POLLARD CLOSE |
14 Aug 2023 | £418,663 | £415,000 | FLAT 1 OCEANIS APARTMENTS, 19 SEAGULL LANE |
1 Feb 2023 | £409,724 | £410,000 | FLAT 43 OCEANIS APARTMENTS, 19 SEAGULL LANE |
16 Nov 2022 | £355,692 | £360,000 | FLAT 44 ROSS APARTMENTS, 23 SEAGULL LANE |
13 May 2022 | £586,043 | £575,000 | FLAT 6 ROSS APARTMENTS, 23 SEAGULL LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 17 Sep 2015. Using an estimated price of £415,061 means this house is valued at £5,608 per sq meter (£521 per sq foot).
The average size of a house on CLEMENTS AVENUE is 117 sq meters (1,266 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Munday Road |
Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Munday Road |