£828,940
This estimated value is based upon the latest sale price for the house of £580,000 on 21 Sep 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 |
---|---|
£580,000 | 21 Sep 2015 |
£300,000 | 10 Dec 2010 |
£105,000 | 31 Dec 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 681 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 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £580,000 results in an estimated price of approximately £828,940.
21 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £580,000 | £248,940 | £828,940 |
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 | 15.785 % | £91,550 | £671,550 |
3 Month Average | 22.068 % | £127,997 | £707,997 |
6 Month Average | 15.110 % | £87,640 | £667,640 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £848,029 | £835,000 | 320 ROPE STREET |
15 Nov 2023 | £768,508 | £749,000 | 318 ROPE STREET |
8 Nov 2023 | £555,090 | £541,000 | FLAT 5 99 ROPE STREET |
9 Jun 2023 | £553,594 | £542,500 | 8 PRINCES COURT |
26 Apr 2023 | £524,816 | £515,000 | FLAT 10 98 ROPE STREET |
This house has a floor area of 63 sq meters or 681 sq feet when measured on 14 Jan 2009. Using an estimated price of £828,940 means this house is valued at £13,101 per sq meter (£1,217 per sq foot).
The average size of a house on SOUTH SEA STREET is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near South Sea Street | |
Sep 2024 | Anti-social behaviour | On or near South Sea Street | |
Jul 2024 | Anti-social behaviour | On or near South Sea Street | |
Jul 2024 | Anti-social behaviour | On or near South Sea Street | |
Jul 2024 | Anti-social behaviour | On or near South Sea Street |