£257,006
This estimated value is based upon the latest sale price for the house of £160,000 on 30 Apr 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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164 Tower Bridge Road, London, SE1 3FG
Phone: 02034783598
Price Paid | Date |
---|---|
£160,000 | 30 Apr 2007 |
£85,000 | 5 Dec 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 April 2007 the House Price Index for GREATER LONDON was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £160,000 results in an estimated price of approximately £257,006.
30 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 148.6 | 60.629 % | £160,000 | £97,006 | £257,006 |
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 | 11.577 % | £18,523 | £178,523 |
3 Month Average | 54.835 % | £87,736 | £247,736 |
6 Month Average | 75.153 % | £120,244 | £280,244 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £539,438 | £530,000 | FLAT 4 NEW CLAREMONT APARTMENTS, 53 SETCHELL ROAD |
27 Nov 2023 | £588,716 | £580,000 | FLAT 1 NEW CLAREMONT APARTMENTS, 53 SETCHELL ROAD |
1 Sep 2023 | £511,541 | £505,000 | FLAT 4 WILLOW HOUSE CURTIS STREET |
14 Jul 2023 | £653,799 | £645,000 | 13 SETCHELL WAY |
30 Jun 2023 | £399,843 | £395,000 | FLAT 1 17 WILLOW WALK |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 21 May 2014. Using an estimated price of £257,006 means this house is valued at £4,283 per sq meter (£397 per sq foot).
The average size of a house on SETCHELL WAY is 95 sq meters (1,022 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alscot Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Curtis Street |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Curtis Street |