£518,489
This estimated value is based upon the latest sale price for the house of £300,000 on 3 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
Maritime Quay, Mercator Place, London, E14 3QD
Phone: 02081158042
Price Paid | Date |
---|---|
£300,000 | 3 Dec 2009 |
£249,950 | 7 Jan 2005 |
£235,000 | 5 Nov 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 78 sq meters or 839 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 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £300,000 results in an estimated price of approximately £518,489.
3 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.830 % | £300,000 | £218,489 | £518,489 |
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 | 54.189 % | £162,566 | £462,566 |
3 Month Average | 31.113 % | £93,337 | £393,337 |
6 Month Average | 42.901 % | £128,702 | £428,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £278,752 | £275,000 | FLAT 26 SLIPWAY HOUSE, 2 BURRELLS WHARF SQUARE |
12 Aug 2022 | £553,510 | £555,000 | FLAT 16 WHEEL HOUSE, 1 BURRELLS WHARF SQUARE |
26 Apr 2022 | £653,922 | £635,000 | FLAT 75 WHEEL HOUSE, 1 BURRELLS WHARF SQUARE |
20 Jan 2022 | £526,204 | £500,000 | FLAT 37 WHEEL HOUSE, 1 BURRELLS WHARF SQUARE |
22 Sep 2021 | £915,954 | £850,000 | FLAT 74 WHEEL HOUSE, 1 BURRELLS WHARF SQUARE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 29 Jun 2020. Using an estimated price of £518,489 means this house is valued at £6,647 per sq meter (£617 per sq foot).
The average size of a house on BURRELLS WHARF SQUARE is 63 sq meters (686 sq feet).