£1,038,988
This estimated value is based upon the latest sale price for the house of £215,000 on 16 Dec 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 |
|---|---|
| £215,000 | 16 Dec 1997 |
| Terraced |
| Freehold |
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 December 1997 the House Price Index for GREATER LONDON was 30.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 383.251%.Applying this 383.251% change to the original purchase price of £215,000 results in an estimated price of approximately £1,038,988.
| 16 Dec 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 146.7 | 383.251 % | £215,000 | £823,988 | £1,038,988 |
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 | 287.415 % | £617,942 | £832,942 |
| 3 Month Average | 363.699 % | £781,952 | £996,952 |
| 6 Month Average | 347.659 % | £747,467 | £962,467 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Pottery Street |
| Jan 2024 | Burglary | Under investigation | On or near Marigold Street |
| Jan 2024 | Drugs | Local resolution | On or near Marigold Street |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Bermondsey Wall East |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Bermondsey Wall East |