£603,357
This estimated value is based upon the latest sale price for the house of £494,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 - 42 Decima Street, London, SE1 4QQ
Phone: 02035422710
| Price Paid | Date |
|---|---|
| £494,000 | 1 Oct 2019 |
| £392,500 | 11 Dec 2013 |
| £280,000 | 1 Jul 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £494,000 results in an estimated price of approximately £603,357.
| 1 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £494,000 | £109,357 | £603,357 |
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 | 18.962 % | £93,673 | £587,673 |
| 3 Month Average | -18.945 % | £-93,586 | £400,413 |
| 6 Month Average | -11.018 % | £-54,430 | £439,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £653,533 | £650,000 | FLAT 23 TROCETTE MANSIONS, 249 BERMONDSEY STREET |
| 26 Aug 2022 | £685,369 | £690,000 | FLAT 11 TROCETTE MANSIONS, 249 BERMONDSEY STREET |
| 1 Aug 2022 | £579,087 | £583,000 | FLAT 16 ALWEN COURT, 6 PAGES WALK |
| 7 Apr 2022 | £20,513 | £20,000 | 89 TOWER BRIDGE ROAD |
| 24 Sep 2021 | £552,719 | £515,000 | APARTMENT 72 ALWEN COURT 6 PAGES WALK |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 18 Mar 2019. Using an estimated price of £603,357 means this house is valued at £9,427 per sq meter (£875 per sq foot).
The average size of a house on TOWER BRIDGE ROAD is 65 sq meters (701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Bushbaby Close |
| Apr 2024 | Theft from the person | Under investigation | On or near Bushbaby Close |
| Apr 2024 | Other theft | Under investigation | On or near Bushbaby Close |
| Apr 2024 | Other theft | Under investigation | On or near Bushbaby Close |
| Apr 2024 | Robbery | Under investigation | On or near Bushbaby Close |