£389,218
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Nov 2012. 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 |
|---|---|
| £230,000 | 15 Nov 2012 |
| £97,775 | 12 May 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £230,000 results in an estimated price of approximately £389,218.
| 15 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £230,000 | £159,218 | £389,218 |
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 | 31.279 % | £71,942 | £301,942 |
| 3 Month Average | 63.098 % | £145,125 | £375,125 |
| 6 Month Average | 59.731 % | £137,380 | £367,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £359,598 | £355,000 | FLAT 5 CUMBERLAND HOUSE, 5 WESLEY AVENUE |
| 31 Jan 2023 | £368,265 | £370,000 | FLAT 11 VICTORIA HALL, 7 WESLEY AVENUE |
| 8 Jul 2022 | £423,640 | £422,500 | 4 GATCOMBE ROAD |
| 5 May 2022 | £372,010 | £365,000 | FLAT 8 CUMBERLAND HOUSE, 5 WESLEY AVENUE |
| 6 Oct 2021 | £331,943 | £300,000 | FLAT 3 QUEEN ANNE HOUSE, 6 HARDY AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 12 Sep 2012. Using an estimated price of £389,219 means this house is valued at £6,486 per sq meter (£602 per sq foot).
The average size of a house on GATCOMBE ROAD is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Gatcombe Road | |
| Jan 2024 | Anti-social behaviour | On or near Gatcombe Road | |
| Jan 2024 | Anti-social behaviour | On or near Gatcombe Road | |
| Dec 2023 | Anti-social behaviour | On or near Gatcombe Road | |
| Dec 2023 | Anti-social behaviour | On or near Gatcombe Road |