£402,719
This estimated value is based upon the latest sale price for the house of £295,000 on 9 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Rotherhithe New Road
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Unit 20, Nice Business Park, 19-35 Sylvan Grove, Nice Business Park, 19-35 Sylvan Grove, London, SE15 1PD
Phone: 02036416573
| Price Paid | Date |
|---|---|
| £295,000 | 9 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 February 2016 the House Price Index for GREATER LONDON was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £295,000 results in an estimated price of approximately £402,719.
| 9 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £295,000 | £107,719 | £402,719 |
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 | 29.206 % | £86,158 | £381,158 |
| 3 Month Average | 9.743 % | £28,740 | £323,740 |
| 6 Month Average | 15.978 % | £47,135 | £342,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2022 | £352,156 | £355,000 | FLAT 162 REMBRANDT COURT, 6 STUBBS DRIVE |
| 4 Mar 2022 | £383,417 | £370,000 | FLAT 206 BLAKE COURT, 10 STUBBS DRIVE |
| 25 Feb 2022 | £327,193 | £312,000 | FLAT 140 REMBRANDT COURT, 6 STUBBS DRIVE |
| 16 Dec 2021 | £327,841 | £306,000 | 14 GALWAY CLOSE |
| 27 Oct 2021 | £159,333 | £144,000 | FLAT 264 GAINSBOROUGH COURT, 14 STUBBS DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 28 Feb 2020. Using an estimated price of £402,720 means this house is valued at £6,943 per sq meter (£645 per sq foot).
There is one other house on the street which we know the size of, this is 19 TROON CLOSE it is 98.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Rotherhithe New Road |
| Mar 2024 | Burglary | Under investigation | On or near Rotherhithe New Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Masters Drive |
| Feb 2024 | Anti-social behaviour | On or near Masters Drive | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Masters Drive |