£1,687,405
This estimated value is based upon the latest sale price for the house of £1,140,000 on 21 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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220 Tower Bridge Road, London, SE1 2UP
Phone: 02081152477
| Price Paid | Date |
|---|---|
| £1,140,000 | 21 Apr 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £1,140,000 results in an estimated price of approximately £1,687,405.
| 21 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £1,140,000 | £547,405 | £1,687,405 |
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 | -4.621 % | £-52,673 | £1,087,326 |
| 3 Month Average | -1.112 % | £-12,678 | £1,127,321 |
| 6 Month Average | 2.248 % | £25,630 | £1,165,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £639,525 | £625,000 | 2 GODWIN HOUSE STILL WALK |
| 11 Sep 2023 | £1,298,627 | £1,270,000 | 6 GODWIN HOUSE STILL WALK |
| 7 Oct 2022 | £712,620 | £715,000 | 46 TUDOR HOUSE DUCHESS WALK |
| 20 Jul 2022 | £1,565,688 | £1,550,000 | 84 TUDOR HOUSE DUCHESS WALK |
| 26 Nov 2021 | £1,372,795 | £1,260,000 | 51 TUDOR HOUSE DUCHESS WALK |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 26 Jan 2015. Using an estimated price of £1,687,405 means this house is valued at £17,951 per sq meter (£1,667 per sq foot).
The average size of a house on DUCHESS WALK is 92 sq meters (993 sq feet).