£787,455
This estimated value is based upon the latest sale price for the house of £620,000 on 17 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Access Storage Building, Bugsby's Way, London, SE7 7SJ
Phone: 02080227961
| Price Paid | Date |
|---|---|
| £620,000 | 17 Aug 2017 |
| £229,000 | 29 Nov 2011 |
| £208,000 | 26 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £620,000 results in an estimated price of approximately £787,455.
| 17 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £620,000 | £167,455 | £787,455 |
The Postcode Pricing Model uses changes in average sales price within the SE7 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 | -14.632 % | £-90,719 | £529,280 |
| 3 Month Average | -27.083 % | £-167,913 | £452,086 |
| 6 Month Average | -6.127 % | £-37,987 | £582,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £698,937 | £690,000 | 38 GURDON ROAD |
| 31 Aug 2023 | £415,636 | £412,000 | 289 WOOLWICH ROAD |
| 21 Jul 2023 | £587,913 | £580,000 | 307 WOOLWICH ROAD |
| 31 Mar 2023 | £328,091 | £325,000 | 180 WOOLWICH ROAD |
| 17 Jun 2022 | £441,236 | £435,000 | 297 WOOLWICH ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 23 May 2017. Using an estimated price of £787,455 means this house is valued at £7,428 per sq meter (£690 per sq foot).
The average size of a house on RAINTON ROAD is 122 sq meters (1,313 sq feet).