£414,504
This estimated value is based upon the latest sale price for the house of £400,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 3, 19 Western Gateway, Excel Marina, Docklands, E16 1AR
Phone: 02081153864
| Price Paid | Date |
|---|---|
| £400,000 | 4 Mar 2022 |
| £297,500 | 14 May 2012 |
| £340,000 | 1 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £400,000 results in an estimated price of approximately £414,504.
| 4 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £400,000 | £14,504 | £414,504 |
The Postcode Pricing Model uses changes in average sales price within the E16 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 | 18.830 % | £75,320 | £475,320 |
| 3 Month Average | 3.200 % | £12,798 | £412,798 |
| 6 Month Average | -12.301 % | £-49,203 | £350,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £299,629 | £296,000 | FLAT 24A THE GRAINSTORE, 4 WESTERN GATEWAY |
| 4 Mar 2022 | £414,505 | £400,000 | FLAT 12 WAREHOUSE W, 3 WESTERN GATEWAY |
| 26 Nov 2021 | £351,492 | £325,000 | FLAT 54 THE GRAINSTORE, 4 WESTERN GATEWAY |
| 14 Sep 2021 | £495,693 | £460,000 | FLAT 63 THE GRAINSTORE, 4 WESTERN GATEWAY |
| 19 Aug 2021 | £482,504 | £432,500 | FLAT 4A THE GRAINSTORE, 4 WESTERN GATEWAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 14 Oct 2020. Using an estimated price of £414,505 means this house is valued at £5,921 per sq meter (£550 per sq foot).
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | On or near Custom House (Station) | |
| Mar 2024 | Public order | On or near Custom House (Station) | |
| Feb 2024 | Theft from the person | On or near Custom House (Station) | |
| Feb 2024 | Public order | On or near Custom House (Station) | |
| Feb 2024 | Theft from the person | On or near Custom House (Station) |