£773,397
This estimated value is based upon the latest sale price for the house of £645,000 on 3 Aug 2020. 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 |
|---|---|
| £645,000 | 3 Aug 2020 |
| £83,000 | 19 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £645,000 results in an estimated price of approximately £773,397.
| 3 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £645,000 | £128,397 | £773,397 |
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 | 48.205 % | £310,922 | £955,922 |
| 3 Month Average | 20.977 % | £135,301 | £780,301 |
| 6 Month Average | 6.864 % | £44,271 | £689,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £632,870 | £623,500 | 20 BENWICK CLOSE |
| 13 Jun 2023 | £359,353 | £355,000 | FLAT 25 DAMORY HOUSE ABBEYFIELD ESTATE |
| 12 Sep 2022 | £391,836 | £395,000 | FLAT 18 388 SOUTHWARK PARK ROAD |
| 7 Sep 2022 | £595,194 | £600,000 | FLAT 17 ST. ANDREWS HOUSE, 381 SOUTHWARK PARK ROAD |
| 25 Aug 2022 | £423,859 | £425,000 | FLAT 23 388 SOUTHWARK PARK ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 30 Jan 2016. Using an estimated price of £773,398 means this house is valued at £5,121 per sq meter (£475 per sq foot).
The average size of a house on FRANKLAND CLOSE is 100 sq meters (1,078 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Frankland Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Frankland Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Frankland Close |
| Jan 2024 | Anti-social behaviour | On or near Frankland Close | |
| Jan 2024 | Anti-social behaviour | On or near Frankland Close |