£174,501
This estimated value is based upon the latest sale price for the house of £101,000 on 24 Feb 2012. 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 |
|---|---|
| £101,000 | 24 Feb 2012 |
| £45,000 | 7 Jul 1997 |
| £26,000 | 6 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 February 2012 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £101,000 results in an estimated price of approximately £174,501.
| 24 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £101,000 | £73,501 | £174,501 |
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 | 145.444 % | £146,898 | £247,898 |
| 3 Month Average | 65.733 % | £66,390 | £167,390 |
| 6 Month Average | 69.648 % | £70,344 | £171,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £412,500 | £412,500 | 3 FERNHILL STREET |
| 23 Jun 2023 | £259,194 | £254,000 | 32 FERNHILL STREET |
| 23 Mar 2023 | £386,454 | £380,000 | 2 DOCKLAND STREET |
| 20 Feb 2023 | £383,562 | £381,000 | 42B FERNHILL STREET |
| 10 Feb 2023 | £372,488 | £370,000 | 63 DOCKLAND STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 24 Nov 2012. Using an estimated price of £174,502 means this house is valued at £3,292 per sq meter (£305 per sq foot).
The average size of a house on SILVERLAND STREET is 74 sq meters (804 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).