The oldest motorboat still afloat in Europe, which was used in the 1908 Olympics, at one time lay neglected in a Thames boatyard for 14 years - but it has now found its sea legs again after a major renovation. The wooden 'trials boat', which was snapped up for a mere £400 four years ago, has been lovingly restored to its former glory. It now has an estimated value 1,000 times that amount at £400,000. The 25ft-long vessel, believed to have been built by boatmakers Thornycroft in 1902, was purchased by and restored for transport collector Wint Taylor. Ship ahoy: The Fixitor was bought by collector Wint Taylor for £400 in 2009 and after renovation is worth £400,000
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Fixitor is the oldest motorboat still afloat in Europe
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It was bought for £400 by collector Wint Taylor in 2009, but following restoration is now worth £400,000
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Previous owner Michael Hawkins named it after joking to 'fix it or leave it'
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The 25ft-long vessel is the only one to have appeared in all three royal pageants marking the Queen's coronation, Silver and Diamond Jubilee
Its condition has deteriorated massively in comparison to the @placeholder, and it no longer sits on the water.