£406,451
This estimated value is based upon the latest sale price for the house of £72,150 on 23 Apr 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Plough Way, London, SE16 2LS
Phone: 02034637550
Price Paid | Date |
---|---|
£72,150 | 23 Apr 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 April 1996 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.342%.Applying this 463.342% change to the original purchase price of £72,150 results in an estimated price of approximately £406,451.
23 Apr 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 148.6 | 463.342 % | £72,150 | £334,301 | £406,451 |
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 | 384.009 % | £277,062 | £349,212 |
3 Month Average | 426.378 % | £307,631 | £379,781 |
6 Month Average | 446.454 % | £322,116 | £394,266 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £232,000 | £232,000 | FLAT 13 FULMAR HOUSE, 5 TAWNY WAY |
4 Dec 2023 | £279,897 | £275,000 | FLAT 14 LOCK KEEPERS HEIGHTS, 117 BRUNSWICK QUAY |
20 Sep 2023 | £359,598 | £355,000 | FLAT 7 ELBOURNE COURT WORGAN STREET |
30 Jun 2023 | £504,106 | £498,000 | FLAT 7 BUCHANAN COURT WORGAN STREET |
8 Mar 2022 | £355,438 | £343,000 | FLAT 11 BYARDS COURT WORGAN STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 24 Sep 2019. Using an estimated price of £406,451 means this house is valued at £8,294 per sq meter (£770 per sq foot).
The average size of a house on WORGAN STREET is 58 sq meters (625 sq feet).