£764,920
This estimated value is based upon the latest sale price for the house of £605,000 on 30 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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164 Tower Bridge Road, London, SE1 3FG
Phone: 02034783598
| Price Paid | Date |
|---|---|
| £605,000 | 30 Jan 2018 |
| £95,000 | 7 Apr 1997 |
| Leasehold |
| Floor Area: 56 sq meters or 605 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £605,000 results in an estimated price of approximately £764,920.
| 30 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £605,000 | £159,920 | £764,920 |
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 | -14.329 % | £-86,693 | £518,306 |
| 3 Month Average | -6.055 % | £-36,635 | £568,364 |
| 6 Month Average | 5.959 % | £36,050 | £641,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £625,431 | £620,000 | FLAT 7.01 BUILDING 700 ALASKA BUILDINGS, 61 GRANGE ROAD |
| 3 Apr 2024 | £1,069,286 | £1,060,000 | FLAT 1.4 BUILDING 100 ALASKA BUILDINGS, 61 GRANGE ROAD |
| 1 Dec 2023 | £1,423,749 | £1,380,000 | FLAT 101 BUILDING 600 ALASKA BUILDINGS, 61 GRANGE ROAD |
| 3 Oct 2023 | £424,645 | £415,000 | FLAT G.09 BUILDING 600 ALASKA BUILDINGS, 61 GRANGE ROAD |
| 13 Feb 2023 | £1,359,079 | £1,350,000 | FLAT 4.01 BUILDING 600 ALASKA BUILDINGS, 61 GRANGE ROAD |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 25 Feb 2011. Using an estimated price of £764,920 means this house is valued at £13,596 per sq meter (£1,263 per sq foot).
The average size of a house on GRANGE ROAD is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Bacon Grove |
| Sep 2024 | Anti-social behaviour | On or near Bacon Grove | |
| Sep 2024 | Anti-social behaviour | On or near Bacon Grove | |
| Sep 2024 | Other crime | Under investigation | On or near Bacon Grove |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bacon Grove |