£289,409
This estimated value is based upon the latest sale price for the house of £103,334 on 24 Jul 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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243 Lower Road, Surrey Quays, SE16 2LW
Phone: 02034783204
Price Paid | Date |
---|---|
£103,334 | 24 Jul 2002 |
£68,000 | 4 Jul 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 July 2002 the House Price Index for GREATER LONDON was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £103,334 results in an estimated price of approximately £289,409.
24 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £103,334 | £186,075 | £289,409 |
The Postcode Pricing Model uses changes in average sales price within the SE8 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 | 117.544 % | £121,462 | £224,796 |
3 Month Average | 98.881 % | £102,178 | £205,512 |
6 Month Average | 124.601 % | £128,754 | £232,088 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Mar 2023 | £222,092 | £220,000 | 40 JOHN SILKIN LANE |
14 Apr 2022 | £362,489 | £352,000 | 79A TRUNDLEYS ROAD |
24 Mar 2022 | £321,241 | £310,000 | FLAT 13 CHESTER COURT TRUNDLEYS ROAD |
15 Sep 2021 | £283,407 | £263,000 | 34 JOHN SILKIN LANE |
26 Aug 2021 | £429,512 | £385,000 | FLAT 8 CHESTER COURT TRUNDLEYS ROAD |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 26 Oct 2016. Using an estimated price of £289,410 means this house is valued at £9,044 per sq meter (£840 per sq foot).
The average size of a house on JOHN SILKIN LANE is 44 sq meters (480 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Trundley'S Terrace |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Trundley'S Terrace |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Trundley'S Terrace |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Trundley'S Terrace |
Jan 2024 | Theft from the person | Under investigation | On or near John Silkin Lane |