£861,279
This estimated value is based upon the latest sale price for the house of £700,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41 Shad Thames, Tower Bridge, London, SE1 2NJ
Phone: 02034636975
| Price Paid | Date |
|---|---|
| £700,000 | 29 Mar 2019 |
| £262,000 | 12 May 2000 |
| £134,000 | 21 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £700,000 results in an estimated price of approximately £861,279.
| 29 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £700,000 | £161,279 | £861,279 |
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 | -53.894 % | £-377,255 | £322,744 |
| 3 Month Average | -48.599 % | £-340,193 | £359,806 |
| 6 Month Average | -38.015 % | £-266,107 | £433,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £827,797 | £825,000 | FLAT 19 ANCHOR BREWHOUSE, 50 SHAD THAMES |
| 10 Aug 2023 | £930,659 | £925,000 | 6 HORSELYDOWN LANE |
| 21 Jun 2023 | £186,512 | £185,000 | AIRSPACE AT 224 - 226 TOWER BRIDGE ROAD |
| 7 Feb 2023 | £408,070 | £410,000 | FLAT 36 ANCHOR BREWHOUSE, 50 SHAD THAMES |
| 31 May 2022 | £1,421,125 | £1,400,000 | FLAT 29 ADMIRALS COURT, 30 HORSELYDOWN LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Oct 2020. Using an estimated price of £861,280 means this house is valued at £11,185 per sq meter (£1,039 per sq foot).
The average size of a house on HORSELYDOWN LANE is 92 sq meters (999 sq feet).