£461,877
This estimated value is based upon the latest sale price for the house of £249,995 on 25 Feb 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Excel Marina, Western Gateway, London, E16 1AT
Phone: 02081159242
| Price Paid | Date |
|---|---|
| £249,995 | 25 Feb 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 February 2005 the House Price Index for GREATER LONDON was 79.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 84.755%.Applying this 84.755% change to the original purchase price of £249,995 results in an estimated price of approximately £461,877.
| 25 Feb 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 146.7 | 84.755 % | £249,995 | £211,882 | £461,877 |
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 | 45.031 % | £112,576 | £362,571 |
| 3 Month Average | 70.843 % | £177,103 | £427,098 |
| 6 Month Average | 75.976 % | £189,935 | £439,930 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 25 Oct 2021.
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).