£870,177
This estimated value is based upon the latest sale price for the house of £520,000 on 3 Jul 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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18 Pilgrimage Street, London Bridge, SE1 4LL
Phone: 02081157230
| Price Paid | Date |
|---|---|
| £520,000 | 3 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 July 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £520,000 results in an estimated price of approximately £870,177.
| 3 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £520,000 | £350,177 | £870,177 |
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 | 14.925 % | £77,608 | £597,608 |
| 3 Month Average | 23.554 % | £122,482 | £642,482 |
| 6 Month Average | 26.431 % | £137,443 | £657,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £383,715 | £375,000 | FLAT 42 NASHE HOUSE BURBAGE CLOSE |
| 22 Sep 2023 | £858,934 | £840,000 | FLAT 22 PORTLAND COURT, 50 TRINITY STREET |
| 18 Sep 2023 | £639,088 | £625,000 | FLAT 10 PORTLAND COURT, 54 TRINITY STREET |
| 15 Sep 2023 | £843,596 | £825,000 | FLAT 30 PORTLAND COURT, 50 TRINITY STREET |
| 1 Sep 2023 | £782,244 | £765,000 | FLAT 28 RUSSELL LODGE, 22 SPURGEON STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Jan 2013. Using an estimated price of £870,178 means this house is valued at £10,611 per sq meter (£985 per sq foot).
The average size of a house on CHETTLE CLOSE is 138 sq meters (1,485 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Spurgeon Street | |
| Oct 2024 | Anti-social behaviour | On or near Spurgeon Street | |
| Oct 2024 | Anti-social behaviour | On or near Spurgeon Street | |
| Oct 2024 | Anti-social behaviour | On or near Spurgeon Street | |
| Oct 2024 | Anti-social behaviour | On or near Spurgeon Street |