£24,574
This estimated value is based upon the latest sale price for the house of £20,000 on 23 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Shad Thames, London, SE1 2YU
Phone: 02034783205
Price Paid | Date |
---|---|
£20,000 | 23 Jan 2020 |
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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £20,000 results in an estimated price of approximately £24,574.
23 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £20,000 | £4,574 | £24,574 |
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 | -33.069 % | £-6,613 | £13,386 |
3 Month Average | -22.765 % | £-4,553 | £15,446 |
6 Month Average | -24.195 % | £-4,838 | £15,161 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £548,426 | £540,000 | FLAT 38 ARTESIAN HOUSE, 98 ALSCOT ROAD |
25 Nov 2022 | £482,743 | £485,000 | APARTMENT 4 91 ALSCOT ROAD |
3 Oct 2022 | £642,853 | £645,000 | FLAT 64 ARTESIAN HOUSE, 96 ALSCOT ROAD |
4 Jul 2022 | £393,947 | £390,000 | FLAT 31 ARTESIAN HOUSE, 98 ALSCOT ROAD |
27 Jun 2022 | £281,007 | £275,000 | 37 HENLEY DRIVE |