£329,968
This estimated value is based upon the latest sale price for the house of £170,000 on 5 Aug 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Biscuit Factory, London, SE16 4DG
Phone: 02080330922
| Price Paid | Date |
|---|---|
| £170,000 | 5 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 August 2004 the House Price Index for GREATER LONDON was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £170,000 results in an estimated price of approximately £329,968.
| 5 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £170,000 | £159,968 | £329,968 |
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 | 150.329 % | £255,559 | £425,559 |
| 3 Month Average | 121.082 % | £205,839 | £375,839 |
| 6 Month Average | 118.602 % | £201,624 | £371,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £270,973 | £265,000 | 129 LOCKWOOD SQUARE |
| 23 Sep 2022 | £399,733 | £400,000 | 104 MARDEN SQUARE |
| 19 Jul 2022 | £402,533 | £398,500 | 93 LAYARD SQUARE |
| 14 Jul 2022 | £358,593 | £355,000 | 68 LAYARD SQUARE |
| 8 Jul 2022 | £383,846 | £380,000 | 159 MARDEN SQUARE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 20 Sep 2013. Using an estimated price of £329,969 means this house is valued at £3,707 per sq meter (£344 per sq foot).
The average size of a house on MARDEN SQUARE is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Drummond Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Drummond Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Drummond Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Drummond Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Drummond Road |