£386,027
This estimated value is based upon the latest sale price for the house of £246,045 on 17 Aug 2007. 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 |
---|---|
£246,045 | 17 Aug 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 August 2007 the House Price Index for GREATER LONDON was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £246,045 results in an estimated price of approximately £386,027.
17 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £246,045 | £139,982 | £386,027 |
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 | 77.705 % | £191,190 | £437,235 |
3 Month Average | 59.445 % | £146,262 | £392,307 |
6 Month Average | 48.759 % | £119,969 | £366,014 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Mar 2022 | £331,604 | £320,000 | FLAT 20 ADRIATIC APARTMENTS, 20 WESTERN GATEWAY |
30 Jun 2021 | £641,072 | £597,500 | FLAT 68 ADRIATIC APARTMENTS, 20 WESTERN GATEWAY |
19 Oct 2018 | £400,501 | £325,000 | FLAT 104 ADRIATIC APARTMENTS, 20 WESTERN GATEWAY |
14 Sep 2018 | £759,442 | £615,000 | FLAT 82 ADRIATIC APARTMENTS, 20 WESTERN GATEWAY |
3 Aug 2018 | £366,124 | £296,000 | FLAT 55 ADRIATIC APARTMENTS, 20 WESTERN GATEWAY |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 1 Jul 2019. Using an estimated price of £386,027 means this house is valued at £10,433 per sq meter (£969 per sq foot).
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Bicycle theft | On or near Royal Victoria (Dlr) | |
Jan 2024 | Theft from the person | On or near Royal Victoria (Dlr) | |
Jan 2024 | Theft from the person | On or near Royal Victoria (Dlr) | |
Jan 2024 | Theft from the person | On or near Royal Victoria (Dlr) | |
Jan 2024 | Anti-social behaviour | On or near Royal Victoria |