£492,649
This estimated value is based upon the latest sale price for the house of £495,000 on 17 Mar 2023. 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 Rainbow Quay
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Suite 18, 08 Aragon Tower, George Beard Road, London, SE8 3AL
Phone: 02036413928
| Price Paid | Date |
|---|---|
| £495,000 | 17 Mar 2023 |
| £350,000 | 17 Oct 2011 |
| £250,000 | 3 Mar 2004 |
| £210,000 | 11 Jul 2001 |
| £115,000 | 22 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 March 2023 the House Price Index for GREATER LONDON was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £495,000 results in an estimated price of approximately £492,649.
| 17 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £495,000 | £-2,350 | £492,649 |
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 | 35.056 % | £173,524 | £668,524 |
| 3 Month Average | 3.448 % | £17,070 | £512,070 |
| 6 Month Average | -2.615 % | £-12,943 | £482,056 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 17 Aug 2021.
The average size of a house on ROPE STREET is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rainbow Quay |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rope Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rope Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Rope Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rope Street |