£583,967
This estimated value is based upon the latest sale price for the house of £500,000 on 20 Nov 2020. 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 |
---|---|
£500,000 | 20 Nov 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £500,000 results in an estimated price of approximately £583,967.
20 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £500,000 | £83,967 | £583,967 |
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 | -18.587 % | £-92,936 | £407,063 |
3 Month Average | -7.572 % | £-37,857 | £462,142 |
6 Month Average | -11.889 % | £-59,446 | £440,553 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £573,014 | £560,000 | APARTMENT 53 HORIZONS TOWER, 1 YABSLEY STREET |
28 Jan 2022 | £446,343 | £421,000 | APARTMENT 111 HORIZONS TOWER, 1 YABSLEY STREET |
30 Jun 2021 | £421,538 | £390,000 | APARTMENT 23 HORIZONS TOWER, 1 YABSLEY STREET |
27 May 2021 | £458,776 | £403,000 | APARTMENT 61 HORIZONS TOWER, 1 YABSLEY STREET |
20 Nov 2020 | £583,968 | £500,000 | APARTMENT 18 HORIZONS TOWER, 1 YABSLEY STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 27 Jun 2016. Using an estimated price of £583,968 means this house is valued at £8,224 per sq meter (£764 per sq foot).
The average size of a house on YABSLEY STREET is 70 sq meters (756 sq feet).