£717,241
This estimated value is based upon the latest sale price for the house of £270,000 on 24 Oct 2002. 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 |
---|---|
£270,000 | 24 Oct 2002 |
£188,995 | 26 May 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 October 2002 the House Price Index for GREATER LONDON was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £270,000 results in an estimated price of approximately £717,241.
24 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £270,000 | £447,241 | £717,241 |
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 | 68.267 % | £184,322 | £454,322 |
3 Month Average | 124.104 % | £335,081 | £605,081 |
6 Month Average | 108.999 % | £294,296 | £564,296 |
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 |
9 Sep 2022 | £409,726 | £410,000 | FLAT 35 SETTLERS COURT, 17 NEWPORT AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Aug 2012. Using an estimated price of £717,241 means this house is valued at £9,692 per sq meter (£900 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 |