£464,109
This estimated value is based upon the latest sale price for the house of £95,550 on 23 Jan 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Maritime Quay, Mercator Place, London, E14 3QD
Phone: 02081158042
Price Paid | Date |
---|---|
£95,550 | 23 Jan 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 January 1998 the House Price Index for GREATER LONDON was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £95,550 results in an estimated price of approximately £464,109.
23 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 149.7 | 385.724 % | £95,550 | £368,559 | £464,109 |
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 | 257.363 % | £245,910 | £341,460 |
3 Month Average | 354.636 % | £338,854 | £434,404 |
6 Month Average | 312.674 % | £298,759 | £394,309 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Aug 2022 | £557,607 | £555,000 | FLAT 16 WHEEL HOUSE, 1 BURRELLS WHARF SQUARE |
26 Apr 2022 | £658,763 | £635,000 | FLAT 75 WHEEL HOUSE, 1 BURRELLS WHARF SQUARE |
20 Jan 2022 | £530,099 | £500,000 | FLAT 37 WHEEL HOUSE, 1 BURRELLS WHARF SQUARE |
22 Sep 2021 | £922,734 | £850,000 | FLAT 74 WHEEL HOUSE, 1 BURRELLS WHARF SQUARE |
26 Feb 2021 | £568,951 | £497,500 | FLAT 26 WHEEL HOUSE, 1 BURRELLS WHARF SQUARE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 17 Dec 2019. Using an estimated price of £464,109 means this house is valued at £12,543 per sq meter (£1,165 per sq foot).
The average size of a house on BURRELLS WHARF SQUARE is 63 sq meters (686 sq feet).