£804,757
This estimated value is based upon the latest sale price for the house of £600,000 on 19 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Plough Way, London, SE16 2LS
Phone: 02034637550
| Price Paid | Date |
|---|---|
| £600,000 | 19 Aug 2016 |
| £420,000 | 14 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £600,000 results in an estimated price of approximately £804,757.
| 19 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £600,000 | £204,757 | £804,757 |
The Postcode Pricing Model uses changes in average sales price within the SE8 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 | 2.753 % | £16,520 | £616,520 |
| 3 Month Average | 8.597 % | £51,583 | £651,583 |
| 6 Month Average | 13.039 % | £78,232 | £678,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £812,483 | £800,000 | 230 LOWER ROAD |
| 1 Sep 2023 | £255,635 | £250,000 | FLAT 45 MELVILLE COURT CROFT STREET |
| 11 Apr 2023 | £310,813 | £305,000 | 206 LOWER ROAD |
| 29 Jul 2022 | £560,617 | £555,000 | 262 LOWER ROAD |
| 20 Jul 2022 | £328,289 | £325,000 | FLAT 3 BURYFIELD COURT, 254 - 258 LOWER ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 23 Mar 2015. Using an estimated price of £804,758 means this house is valued at £7,383 per sq meter (£685 per sq foot).
The average size of a house on LOWER ROAD is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bestwood Street |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bestwood Street |
| Oct 2024 | Anti-social behaviour | On or near Bestwood Street | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bestwood Street |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Bestwood Street |