£921,576
This estimated value is based upon the latest sale price for the house of £655,000 on 14 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 18, 08 Aragon Tower, George Beard Road, London, SE8 3AL
Phone: 02036413928
Price Paid | Date |
---|---|
£655,000 | 14 Oct 2015 |
£360,000 | 26 Jul 2005 |
£239,000 | 28 Apr 2000 |
£74,000 | 28 Nov 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 97 sq meters or 1,044 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 October 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £655,000 results in an estimated price of approximately £921,576.
14 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £655,000 | £266,576 | £921,576 |
The Postcode Pricing Model uses changes in average sales price within the SE16 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 | 3.882 % | £25,424 | £680,424 |
3 Month Average | 29.974 % | £196,330 | £851,330 |
6 Month Average | 19.031 % | £124,650 | £779,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2022 | £327,119 | £328,000 | FLAT 24 NEW CALEDONIAN WHARF, 6 ODESSA STREET |
2 Mar 2022 | £777,197 | £750,000 | FLAT 102 NEW CALEDONIAN WHARF, 6 ODESSA STREET |
9 Feb 2022 | £402,699 | £384,000 | FLAT 76 NEW CALEDONIAN WHARF, 6 ODESSA STREET |
11 Jan 2022 | £378,867 | £360,000 | FLAT 66 NEW CALEDONIAN WHARF, 6 ODESSA STREET |
30 Sep 2021 | £366,381 | £340,000 | FLAT 45 NEW CALEDONIAN WHARF, 6 ODESSA STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 29 Apr 2021. Using an estimated price of £921,577 means this house is valued at £9,500 per sq meter (£882 per sq foot).
The average size of a house on ODESSA STREET is 71 sq meters (765 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Odessa Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Odessa Street |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Odessa Street |