£532,921
This estimated value is based upon the latest sale price for the house of £287,500 on 26 Jun 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 More London Riverside, London, SE1 2RE
Phone: 02035447184
Price Paid | Date |
---|---|
£287,500 | 26 Jun 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 81 sq meters or 878 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 2009 the House Price Index for GREATER LONDON was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £287,500 results in an estimated price of approximately £532,921.
26 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.364 % | £287,500 | £245,421 | £532,921 |
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 | 40.429 % | £116,234 | £403,734 |
3 Month Average | 54.831 % | £157,637 | £445,137 |
6 Month Average | 63.106 % | £181,430 | £468,930 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £1,841,832 | £1,800,000 | 36 SANDRINGHAM HOUSE EARLS WAY |
15 Sep 2023 | £511,271 | £500,000 | 41 ST OLAVES ESTATE |
11 Nov 2022 | £542,463 | £545,000 | FLAT 5 2 FAIR STREET |
5 Aug 2022 | £492,302 | £490,000 | 27 ST OLAVES ESTATE |
22 Jul 2022 | £575,769 | £570,000 | FLAT 45 DEVON MANSIONS TOOLEY STREET |
This house has a floor area of 81 sq meters or 878 sq feet when measured on 2 Mar 2009. Using an estimated price of £532,921 means this house is valued at £6,526 per sq meter (£606 per sq foot).
The average size of a house on FAIR STREET is 88 sq meters (954 sq feet).