£547,834
This estimated value is based upon the latest sale price for the house of £480,000 on 22 Jan 2021. 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 |
|---|---|
| £480,000 | 22 Jan 2021 |
| £148,000 | 20 Aug 1999 |
| £107,950 | 9 Jan 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 January 2021 the House Price Index for GREATER LONDON was 130.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.132%.Applying this 14.132% change to the original purchase price of £480,000 results in an estimated price of approximately £547,834.
| 22 Jan 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 148.6 | 14.132 % | £480,000 | £67,834 | £547,834 |
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 | 466.967 % | £2,241,439 | £2,721,439 |
| 3 Month Average | -1.080 % | £-5,181 | £474,818 |
| 6 Month Average | 0.671 % | £3,222 | £483,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £760,256 | £749,000 | 318 ROPE STREET |
| 8 Nov 2023 | £549,130 | £541,000 | FLAT 5 99 ROPE STREET |
| 9 Jun 2023 | £549,152 | £542,500 | 8 PRINCES COURT |
| 31 Mar 2023 | £514,851 | £510,000 | FLAT 1 97 ROPE STREET |
| 23 Mar 2023 | £610,754 | £605,000 | 44 PRINCES COURT |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 14 Aug 2020. Using an estimated price of £547,834 means this house is valued at £8,559 per sq meter (£795 per sq foot).
The average size of a house on SOUTH SEA STREET is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near South Sea Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near South Sea Street |
| Feb 2024 | Anti-social behaviour | On or near South Sea Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near South Sea Street |