£532,267
This estimated value is based upon the latest sale price for the house of £385,000 on 5 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Biscuit Factory, London, SE16 4DG
Phone: 02080330922
| Price Paid | Date |
|---|---|
| £385,000 | 5 Jan 2016 |
| £179,000 | 31 Oct 2006 |
| £150,000 | 28 Feb 2003 |
| £57,500 | 31 Mar 1998 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £385,000 results in an estimated price of approximately £532,267.
| 5 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £385,000 | £147,267 | £532,267 |
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 | 9.717 % | £37,410 | £422,410 |
| 3 Month Average | 6.451 % | £24,837 | £409,837 |
| 6 Month Average | 15.167 % | £58,392 | £443,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £639,739 | £623,500 | 20 BENWICK CLOSE |
| 13 Jun 2023 | £362,260 | £355,000 | FLAT 25 DAMORY HOUSE ABBEYFIELD ESTATE |
| 3 Mar 2023 | £671,209 | £660,000 | 13 BENWICK CLOSE |
| 7 Sep 2022 | £599,599 | £600,000 | FLAT 17 ST. ANDREWS HOUSE, 381 SOUTHWARK PARK ROAD |
| 13 Jul 2022 | £646,478 | £640,000 | FLAT 15 ST. ANDREWS HOUSE, 381 SOUTHWARK PARK ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 May 2015. Using an estimated price of £532,268 means this house is valued at £7,392 per sq meter (£686 per sq foot).
The average size of a house on ABBEYFIELD ESTATE is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Benwick Close | |
| Jun 2024 | Anti-social behaviour | On or near Benwick Close | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Frankland Close |
| Jul 2024 | Anti-social behaviour | On or near Frankland Close | |
| Jul 2024 | Anti-social behaviour | On or near Frankland Close |