£1,328,007
This estimated value is based upon the latest sale price for the house of £270,000 on 27 Nov 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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160 Jamaica Road, Bermondsey, SE16 4RT
Phone: 02081282432
Price Paid | Date |
---|---|
£270,000 | 27 Nov 1997 |
Terraced |
Freehold |
Floor Area: 127 sq meters or 1,373 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 1997 the House Price Index for GREATER LONDON was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £270,000 results in an estimated price of approximately £1,328,007.
27 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.2 | 148.6 | 391.855 % | £270,000 | £1,058,007 | £1,328,007 |
The Postcode Pricing Model uses changes in average sales price within the SE16 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 | 330.960 % | £893,591 | £1,163,591 |
3 Month Average | 335.975 % | £907,131 | £1,177,131 |
6 Month Average | 338.165 % | £913,044 | £1,183,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £300,253 | £295,000 | FLAT 6 BURTON HOUSE CHERRY GARDEN STREET |
14 Jul 2023 | £912,278 | £900,000 | 5 FOUNTAIN GREEN SQUARE |
5 Aug 2022 | £1,296,510 | £1,300,000 | 152 BERMONDSEY WALL EAST |
28 Jul 2022 | £1,102,969 | £1,100,000 | 87 WEST LANE |
14 Jul 2022 | £318,858 | £318,000 | FLAT 8 CHERRY GARDEN HOUSE CHERRY GARDEN STREET |
This house has a floor area of 127 sq meters or 1,373 sq feet when measured on 23 Jun 2010. Using an estimated price of £1,328,008 means this house is valued at £10,410 per sq meter (£967 per sq foot).
The average size of a house on BERMONDSEY WALL EAST is 121 sq meters (1,304 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Pottery Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Butterfield Close |
Jan 2024 | Burglary | Under investigation | On or near Marigold Street |
Jan 2024 | Drugs | Local resolution | On or near Marigold Street |
Jan 2024 | Anti-social behaviour | On or near Wilson Grove |