£597,317
This estimated value is based upon the latest sale price for the house of £480,000 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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New Providence Wharf, London, E14 9PW
Phone: 02081153317
Price Paid | Date |
---|---|
£480,000 | 28 Feb 2019 |
£199,995 | 24 May 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 861 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £480,000 results in an estimated price of approximately £597,317.
28 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £480,000 | £117,317 | £597,317 |
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 | -3.890 % | £-18,672 | £461,327 |
3 Month Average | 10.327 % | £49,570 | £529,570 |
6 Month Average | -0.262 % | £-1,257 | £478,742 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £378,312 | £372,500 | FLAT 64 SETTLERS COURT, 17 NEWPORT AVENUE |
2 Jun 2023 | £456,141 | £447,000 | FLAT 4 SUSAN CONSTANT COURT, 14 NEWPORT AVENUE |
24 Feb 2023 | £543,631 | £540,000 | FLAT 33 SUSAN CONSTANT COURT, 14 NEWPORT AVENUE |
17 Feb 2023 | £435,409 | £432,500 | FLAT 47 SETTLERS COURT, 17 NEWPORT AVENUE |
10 Feb 2023 | £387,589 | £385,000 | FLAT 40 SETTLERS COURT, 17 NEWPORT AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Oct 2014. Using an estimated price of £597,318 means this house is valued at £7,466 per sq meter (£693 per sq foot).
The average size of a house on NEWPORT AVENUE is 68 sq meters (734 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Newport Avenue |