£526,348
This estimated value is based upon the latest sale price for the house of £312,000 on 4 May 2012. 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 |
---|---|
£312,000 | 4 May 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 512 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 May 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 68.701%.Applying this 68.701% change to the original purchase price of £312,000 results in an estimated price of approximately £526,348.
4 May 2012 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 147.0 | 68.701 % | £312,000 | £214,348 | £526,348 |
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 | -0.581 % | £-1,811 | £310,188 |
3 Month Average | 33.985 % | £106,032 | £418,032 |
6 Month Average | 46.088 % | £143,794 | £455,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2022 | £335,685 | £335,000 | FLAT 18 SEACON TOWER, 5 HUTCHINGS STREET |
14 Dec 2020 | £669,860 | £590,000 | FLAT 84 SEACON TOWER, 5 HUTCHINGS STREET |
8 Nov 2019 | £503,495 | £415,000 | FLAT 15 SEACON TOWER, 5 HUTCHINGS STREET |
4 Sep 2019 | £825,346 | £679,995 | FLAT 96 SEACON TOWER, 5 HUTCHINGS STREET |
30 Aug 2019 | £456,493 | £375,000 | FLAT 76 NAXOS BUILDING, 4 HUTCHINGS STREET |
This house has a floor area of 47 sq meters or 512 sq feet when measured on 16 Jun 2011. Using an estimated price of £526,349 means this house is valued at £11,062 per sq meter (£1,027 per sq foot).
The average size of a house on HUTCHINGS STREET is 66 sq meters (712 sq feet).