£938,965
This estimated value is based upon the latest sale price for the house of £595,995 on 28 Mar 2008. 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 |
---|---|
£595,995 | 28 Mar 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 110 sq meters or 1,184 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 March 2008 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £595,995 results in an estimated price of approximately £938,965.
28 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.546 % | £595,995 | £342,970 | £938,965 |
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 | 58.757 % | £350,188 | £946,183 |
3 Month Average | 48.765 % | £290,635 | £886,630 |
6 Month Average | 36.961 % | £220,287 | £816,282 |
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 110 sq meters or 1,184 sq feet when measured on 4 Aug 2021. Using an estimated price of £938,966 means this house is valued at £8,536 per sq meter (£793 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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Royal Victoria |