£782,242
This estimated value is based upon the latest sale price for the house of £570,000 on 29 Jan 2016. 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 |
|---|---|
| £570,000 | 29 Jan 2016 |
| £570,000 | 29 Jan 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £570,000 results in an estimated price of approximately £782,242.
| 29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £570,000 | £212,242 | £782,242 |
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 | 24.576 % | £140,080 | £710,080 |
| 3 Month Average | 19.947 % | £113,699 | £683,699 |
| 6 Month Average | 12.357 % | £70,434 | £640,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2022 | £355,692 | £360,000 | FLAT 44 ROSS APARTMENTS, 23 SEAGULL LANE |
| 12 Aug 2022 | £588,416 | £590,000 | FLAT 9 ALASKA APARTMENTS, 22 WESTERN GATEWAY |
| 13 May 2022 | £586,043 | £575,000 | FLAT 6 ROSS APARTMENTS, 23 SEAGULL LANE |
| 26 Apr 2022 | £586,985 | £570,000 | FLAT 9 ROSS APARTMENTS, 23 SEAGULL LANE |
| 29 Jun 2021 | £654,484 | £610,000 | FLAT 29 ALASKA APARTMENTS, 22 WESTERN GATEWAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 18 May 2021. Using an estimated price of £782,242 means this house is valued at £8,321 per sq meter (£773 per sq foot).
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Royal Victoria | |
| Jan 2024 | Anti-social behaviour | On or near Royal Victoria | |
| Jan 2024 | Anti-social behaviour | On or near Royal Victoria | |
| Jan 2024 | Anti-social behaviour | On or near Royal Victoria | |
| Jan 2024 | Anti-social behaviour | On or near Royal Victoria |