£525,534
This estimated value is based upon the latest sale price for the house of £154,950 on 11 Jun 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 18, 08 Aragon Tower, George Beard Road, London, SE8 3AL
Phone: 02036413928
| Price Paid | Date |
|---|---|
| £154,950 | 11 Jun 2001 |
| £84,000 | 10 Dec 1997 |
| £63,500 | 22 Jun 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 583 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 2001 the House Price Index for GREATER LONDON was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £154,950 results in an estimated price of approximately £525,534.
| 11 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £154,950 | £370,584 | £525,534 |
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 | 160.110 % | £248,090 | £403,040 |
| 3 Month Average | 194.572 % | £301,489 | £456,439 |
| 6 Month Average | 187.693 % | £290,829 | £445,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £369,464 | £363,000 | FLAT 1 COOMBROOK COURT ELGAR STREET |
| 18 Aug 2023 | £353,089 | £350,000 | 3 NORWAY GATE |
| 4 Apr 2023 | £606,531 | £600,000 | 41 PLOVER WAY |
| 20 Mar 2023 | £928,750 | £920,000 | 130 PLOVER WAY |
| 20 Mar 2023 | £908,560 | £900,000 | 144 PLOVER WAY |
This house has a floor area of 54 sq meters or 583 sq feet when measured on 21 Jan 2010. Using an estimated price of £525,535 means this house is valued at £9,689 per sq meter (£900 per sq foot).
The average size of a house on NORWAY GATE is 56 sq meters (612 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oslo Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oslo Square |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oslo Square |
| Jan 2024 | Vehicle crime | Under investigation | On or near Oslo Square |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oslo Square |