£488,118
This estimated value is based upon the latest sale price for the house of £307,000 on 20 May 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Western Gateway
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Unit 3, 19 Western Gateway, Excel Marina, Docklands, E16 1AR
Phone: 02081153864
| Price Paid | Date |
|---|---|
| £307,000 | 20 May 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 2008 the House Price Index for GREATER LONDON was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £307,000 results in an estimated price of approximately £488,118.
| 20 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £307,000 | £181,118 | £488,118 |
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 | 51.472 % | £158,018 | £465,018 |
| 3 Month Average | 44.904 % | £137,854 | £444,854 |
| 6 Month Average | 34.283 % | £105,249 | £412,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £295,081 | £292,500 | APARTMENT 120 WESTGATE APARTMENTS, 14 WESTERN GATEWAY |
| 22 Aug 2022 | £373,993 | £375,000 | APARTMENT 166 WESTGATE APARTMENTS, 14 WESTERN GATEWAY |
| 20 May 2022 | £397,490 | £390,000 | APARTMENT 34 WESTGATE APARTMENTS, 14 WESTERN GATEWAY |
| 18 Dec 2020 | £550,902 | £480,000 | APARTMENT 179 WESTGATE APARTMENTS, 14 WESTERN GATEWAY |
| 5 Nov 2020 | £456,785 | £394,000 | APARTMENT 8 WESTGATE APARTMENTS, 14 WESTERN GATEWAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 8 Oct 2019. Using an estimated price of £488,119 means this house is valued at £6,779 per sq meter (£629 per sq foot).
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Western Gateway |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Western Gateway |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Western Gateway |
| Jan 2024 | Burglary | Under investigation | On or near Western Gateway |
| Jan 2024 | Burglary | Under investigation | On or near Western Gateway |