£661,096
This estimated value is based upon the latest sale price for the house of £495,000 on 14 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 New Providence Wharf, 1 Fairmont Avenue, London, E14 9PA
Phone: 02080225575
| Price Paid | Date |
|---|---|
| £495,000 | 14 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £495,000 results in an estimated price of approximately £661,096.
| 14 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £495,000 | £166,096 | £661,096 |
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 | -4.597 % | £-22,752 | £472,247 |
| 3 Month Average | 2.501 % | £12,381 | £507,381 |
| 6 Month Average | 9.538 % | £47,211 | £542,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £1,602,452 | £1,610,000 | APARTMENT 3901 CHARRINGTON TOWER, 11 BISCAYNE AVENUE |
| 23 Aug 2022 | £473,725 | £475,000 | APARTMENT 1808 CHARRINGTON TOWER, 11 BISCAYNE AVENUE |
| 22 Apr 2022 | £514,900 | £500,000 | APARTMENT 2409 CHARRINGTON TOWER, 11 BISCAYNE AVENUE |
| 28 Aug 2020 | £557,566 | £465,000 | APARTMENT 1804 CHARRINGTON TOWER, 11 BISCAYNE AVENUE |
| 8 Feb 2019 | £1,837,461 | £1,487,500 | APARTMENT 4105 CHARRINGTON TOWER, 11 BISCAYNE AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 7 Mar 2016. Using an estimated price of £661,097 means this house is valued at £11,805 per sq meter (£1,096 per sq foot).
The average size of a house on BISCAYNE AVENUE is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Biscayne Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Biscayne Avenue |
| Jan 2024 | Public order | Under investigation | On or near Biscayne Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Biscayne Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Biscayne Avenue |