£539,668
This estimated value is based upon the latest sale price for the house of £320,300 on 22 Feb 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Millennium Harbour, 22 Westferry Road, London, E14 8LW
Phone: 02081155164
Price Paid | Date |
---|---|
£320,300 | 22 Feb 2010 |
£525,000 | 21 Nov 2007 |
£345,000 | 29 Aug 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 2010 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 68.488%.Applying this 68.488% change to the original purchase price of £320,300 results in an estimated price of approximately £539,668.
22 Feb 2010 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 147.0 | 68.488 % | £320,300 | £219,368 | £539,668 |
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 | 1.173 % | £3,758 | £324,058 |
3 Month Average | 36.387 % | £116,548 | £436,848 |
6 Month Average | 40.056 % | £128,300 | £448,600 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2023 | £982,994 | £985,000 | FLAT 41 NAXOS BUILDING, 4 HUTCHINGS STREET |
14 Jan 2022 | £312,544 | £300,000 | FLAT 1 NAXOS BUILDING, 4 HUTCHINGS STREET |
7 Jan 2020 | £530,896 | £440,000 | FLAT 9 NAXOS BUILDING, 4 HUTCHINGS STREET |
29 Nov 2019 | £703,679 | £580,000 | FLAT 69 NAXOS BUILDING, 4 HUTCHINGS STREET |
22 Nov 2019 | £534,432 | £440,500 | FLAT 58 NAXOS BUILDING, 4 HUTCHINGS STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 31 Oct 2019. Using an estimated price of £539,668 means this house is valued at £10,182 per sq meter (£945 per sq foot).
The average size of a house on HUTCHINGS STREET is 66 sq meters (712 sq feet).