£328,270
This estimated value is based upon the latest sale price for the house of £190,000 on 2 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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160 Jamaica Road, Bermondsey, SE16 4RT
Phone: 02081282432
| Price Paid | Date |
|---|---|
| £190,000 | 2 Feb 2012 |
| £79,950 | 5 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
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 2012 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £190,000 results in an estimated price of approximately £328,270.
| 2 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £190,000 | £138,270 | £328,270 |
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 | 63.121 % | £119,929 | £309,929 |
| 3 Month Average | 50.093 % | £95,177 | £285,177 |
| 6 Month Average | 58.121 % | £110,429 | £300,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £213,683 | £210,400 | 26 KIRBY ESTATE |
| 27 Jan 2023 | £285,764 | £285,000 | 137 NEW PLACE SQUARE |
| 18 Nov 2022 | £258,790 | £260,000 | 115 NEW PLACE SQUARE |
| 27 May 2022 | £359,362 | £350,000 | 7 PYNFOLDS JAMAICA ROAD |
| 6 Apr 2022 | £217,859 | £210,000 | 63 KIRBY ESTATE |