£96,123
This estimated value is based upon the latest sale price for the house of £19,250 on 29 Sep 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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160 Jamaica Road, Bermondsey, SE16 4RT
Phone: 02081282432
Price Paid | Date |
---|---|
£19,250 | 29 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 September 1997 the House Price Index for GREATER LONDON was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £19,250 results in an estimated price of approximately £96,123.
29 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.8 | 148.6 | 399.345 % | £19,250 | £76,873 | £96,123 |
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 | 325.268 % | £62,614 | £81,864 |
3 Month Average | 336.229 % | £64,724 | £83,974 |
6 Month Average | 322.753 % | £62,129 | £81,379 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £289,533 | £287,000 | FLAT 7 BURNABY COURT, 1 SCOTT LIDGETT CRESCENT |
23 Jun 2023 | £647,847 | £640,000 | 16 TOUSSAINT WALK |
9 Jun 2023 | £316,838 | £313,000 | 12 DARTLE COURT DICKENS ESTATE |
11 Aug 2022 | £339,087 | £340,000 | FLAT 4 SPENLOW HOUSE JAMAICA ROAD |
30 Oct 2020 | £463,368 | £395,000 | FLAT 15 WICKFIELD HOUSE WILSON GROVE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 10 Mar 2017. Using an estimated price of £96,124 means this house is valued at £2,403 per sq meter (£223 per sq foot).
The average size of a house on JAMAICA ROAD is 62 sq meters (671 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Jamaica Road |
Jan 2024 | Other theft | Under investigation | On or near Jamaica Road |