£993,527
This estimated value is based upon the latest sale price for the house of £926,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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220 Tower Bridge Road, London, SE1 2UP
Phone: 02081152477
| Price Paid | Date |
|---|---|
| £926,000 | 30 Jun 2021 |
| £555,000 | 16 Mar 2011 |
| £480,000 | 28 May 2004 |
| Leasehold |
| Floor Area: 124 sq meters or 1,334 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £926,000 results in an estimated price of approximately £993,527.
| 30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £926,000 | £67,527 | £993,527 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | -36.192 % | £-335,137 | £590,862 |
| 3 Month Average | -18.421 % | £-170,580 | £755,419 |
| 6 Month Average | -18.833 % | £-174,391 | £751,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £1,286,449 | £1,270,000 | 6 GODWIN HOUSE STILL WALK |
| 6 Jan 2022 | £873,499 | £830,000 | FLAT 94 BOSS HOUSE, 2 BOSS STREET |
| 26 Oct 2021 | £475,786 | £430,000 | FLAT 148 DEVON MANSIONS TOOLEY STREET |
| 15 Oct 2021 | £102,902 | £93,000 | FLAT 2 203 TOOLEY STREET |
| 6 Aug 2021 | £4,882,213 | £4,376,250 | 10 FAIR STREET |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 9 Sep 2019. Using an estimated price of £993,528 means this house is valued at £8,012 per sq meter (£744 per sq foot).
The average size of a house on TOWER BRIDGE ROAD is 65 sq meters (701 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Fair Street |
| Jan 2024 | Other theft | Under investigation | On or near Fair Street |
| Jan 2024 | Drugs | Local resolution | On or near Fair Street |
| Jan 2024 | Other theft | Under investigation | On or near Fair Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fair Street |