£1,584,614
This estimated value is based upon the latest sale price for the house of £385,000 on 4 Nov 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Dock Street, London, E1 8JP
Phone: 02077685885
Price Paid | Date |
---|---|
£385,000 | 4 Nov 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 1999 the House Price Index for GREATER LONDON was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £385,000 results in an estimated price of approximately £1,584,614.
4 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.4 | 149.7 | 311.588 % | £385,000 | £1,199,614 | £1,584,614 |
The Postcode Pricing Model uses changes in average sales price within the E1W 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 | 101.270 % | £389,889 | £774,889 |
3 Month Average | 141.829 % | £546,042 | £931,042 |
6 Month Average | 164.776 % | £634,389 | £1,019,389 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £1,744,277 | £1,700,000 | FLAT 22 TURNSTONE HOUSE STAR PLACE |
20 Feb 2023 | £704,707 | £700,000 | FLAT 2 HARLEQUIN COURT, 6 THOMAS MORE STREET |
20 Jan 2023 | £1,403,751 | £1,400,000 | FLAT 53 SHEARWATER COURT STAR PLACE |
1 Jul 2022 | £2,121,255 | £2,100,000 | FLAT 52 TURNSTONE HOUSE STAR PLACE |
26 Nov 2021 | £936,987 | £860,000 | FLAT 22 SWAN COURT STAR PLACE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Jul 2014. Using an estimated price of £1,584,615 means this house is valued at £17,038 per sq meter (£1,582 per sq foot).
The average size of a house on STAR PLACE is 104 sq meters (1,130 sq feet).