£1,029,043
This estimated value is based upon the latest sale price for the house of £720,000 on 17 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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164 Tower Bridge Road, London, SE1 3FG
Phone: 02034783598
| Price Paid | Date |
|---|---|
| £720,000 | 17 Aug 2015 |
| £427,500 | 21 Sep 2011 |
| £410,000 | 6 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 August 2015 the House Price Index for GREATER LONDON was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £720,000 results in an estimated price of approximately £1,029,043.
| 17 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £720,000 | £309,043 | £1,029,043 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | -6.962 % | £-50,127 | £669,872 |
| 3 Month Average | -10.076 % | £-72,545 | £647,454 |
| 6 Month Average | -3.211 % | £-23,122 | £696,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £1,230,329 | £1,236,125 | FLAT 14 2 ARCHIE STREET |
| 25 Nov 2022 | £652,101 | £660,000 | FLAT 7 PARK WEST APARTMENTS, 40 TANNER STREET |
| 21 Oct 2022 | £712,330 | £720,000 | FLAT 2 PARK WEST APARTMENTS, 40 TANNER STREET |
| 16 Sep 2022 | £952,310 | £960,000 | FLAT 8 2 ARCHIE STREET |
| 5 Aug 2022 | £782,893 | £785,000 | FLAT 10 PARK WEST APARTMENTS, 40 TANNER STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 7 Dec 2021. Using an estimated price of £1,029,044 means this house is valued at £12,549 per sq meter (£1,165 per sq foot).
The average size of a house on TOWER BRIDGE ROAD is 65 sq meters (701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Supermarket |
| Jan 2024 | Theft from the person | Under investigation | On or near Tower Bridge Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Tanner Street |
| Jan 2024 | Drugs | Under investigation | On or near Tanner Street |
| Jan 2024 | Theft from the person | Under investigation | On or near Tanner Street |