£316,071
This estimated value is based upon the latest sale price for the house of £273,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Access Storage Building, Bugsby's Way, London, SE7 7SJ
Phone: 02080227961
| Price Paid | Date |
|---|---|
| £273,000 | 30 Jul 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2021 the House Price Index for GREATER LONDON was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £273,000 results in an estimated price of approximately £316,071.
| 30 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £273,000 | £43,071 | £316,071 |
The Postcode Pricing Model uses changes in average sales price within the SE7 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 | 5.733 % | £15,649 | £288,649 |
| 3 Month Average | 18.061 % | £49,306 | £322,306 |
| 6 Month Average | 19.943 % | £54,444 | £327,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £381,369 | £375,000 | 24A FAIRTHORN ROAD |
| 26 Aug 2022 | £10,147 | £10,100 | 20 FAIRTHORN ROAD |
| 18 May 2022 | £575,544 | £560,550 | 9 FAIRTHORN ROAD |
| 14 Dec 2021 | £599,016 | £555,000 | 34 FAIRTHORN ROAD |
| 30 Jul 2021 | £316,072 | £273,000 | 48 FAIRTHORN ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 23 Sep 2019. Using an estimated price of £316,072 means this house is valued at £7,525 per sq meter (£699 per sq foot).
The average size of a house on FAIRTHORN ROAD is 66 sq meters (711 sq feet).