£411,775
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Aug 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Plough Way, London, SE16 2LS
Phone: 02034637550
| Price Paid | Date |
|---|---|
| £240,000 | 1 Aug 2012 |
| £178,000 | 22 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 800 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 August 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £240,000 results in an estimated price of approximately £411,775.
| 1 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £240,000 | £171,775 | £411,775 |
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 | 91.427 % | £219,424 | £459,424 |
| 3 Month Average | 65.492 % | £157,179 | £397,179 |
| 6 Month Average | 57.359 % | £137,661 | £377,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £558,582 | £550,000 | FLAT 9 CARONIA COURT, 71 PLOUGH WAY |
| 2 Nov 2023 | £596,543 | £581,400 | FLAT 9 CARINTHIA COURT, 93 PLOUGH WAY |
| 16 Jun 2023 | £571,452 | £560,000 | FLAT 1 CARONIA COURT, 71 PLOUGH WAY |
| 16 Jun 2023 | £540,838 | £530,000 | FLAT 4 LEEWARD COURT, 7 - 17 YEOMAN STREET |
| 15 Mar 2023 | £559,341 | £550,000 | FLAT 3 CARINTHIA COURT, 93 PLOUGH WAY |
This house has a floor area of 74 sq meters or 800 sq feet when measured on 16 Feb 2012. Using an estimated price of £411,776 means this house is valued at £5,538 per sq meter (£514 per sq foot).
The average size of a house on PLOUGH WAY is 79 sq meters (853 sq feet).