£408,570
This estimated value is based upon the latest sale price for the house of £325,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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48 Thomas Street, London, SE18 6HT
Phone: 02080334255
Price Paid | Date |
---|---|
£325,000 | 21 Dec 2017 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £325,000 results in an estimated price of approximately £408,570.
21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £325,000 | £83,570 | £408,570 |
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 | 13.684 % | £44,474 | £369,474 |
3 Month Average | 4.673 % | £15,188 | £340,188 |
6 Month Average | -11.057 % | £-35,934 | £289,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £420,662 | £415,000 | 6 KENNARD STREET |
23 Jun 2023 | £257,114 | £254,000 | 32 FERNHILL STREET |
20 Feb 2023 | £380,744 | £381,000 | 42B FERNHILL STREET |
10 Feb 2023 | £369,751 | £370,000 | 63 DOCKLAND STREET |
28 Apr 2022 | £370,728 | £360,000 | 26 WINIFRED STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Nov 2016. Using an estimated price of £408,571 means this house is valued at £4,750 per sq meter (£441 per sq foot).
The average size of a house on FERNHILL STREET is 74 sq meters (803 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Fernhill Street |
Jan 2024 | Other theft | Under investigation | On or near Fernhill Street |
Jan 2024 | Other theft | Under investigation | On or near Winifred Street |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Winifred Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Silverland Street |