£665,073
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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146 Lower Road, Rotherhithe, SE16 2UG
Phone: 02080339170
| Price Paid | Date |
|---|---|
| £450,000 | 12 Feb 2015 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £450,000 results in an estimated price of approximately £665,073.
| 12 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £450,000 | £215,073 | £665,073 |
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 | 10.203 % | £45,915 | £495,915 |
| 3 Month Average | 11.623 % | £52,301 | £502,301 |
| 6 Month Average | 13.549 % | £60,971 | £510,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £381,678 | £375,000 | FLAT 18 CHAMBERLAIN COURT SILWOOD STREET |
| 31 Aug 2023 | £153,341 | £152,000 | FLAT 32 1 CONCORDE WAY |
| 13 Apr 2023 | £320,956 | £317,500 | 81 ST HELENA ROAD |
| 26 Oct 2022 | £346,272 | £350,000 | 64 ST HELENA ROAD |
| 30 Sep 2022 | £441,435 | £445,000 | FLAT 9 51 SILWOOD STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 8 Oct 2014. Using an estimated price of £665,074 means this house is valued at £8,750 per sq meter (£812 per sq foot).
The average size of a house on LEATHER ROAD is 115 sq meters (1,246 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Island Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Island Road |