£732,274
This estimated value is based upon the latest sale price for the house of £550,000 on 5 Aug 2016. 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 |
---|---|
£550,000 | 5 Aug 2016 |
£325,000 | 17 Jan 2012 |
£285,000 | 19 Oct 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 601 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £550,000 results in an estimated price of approximately £732,274.
5 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £550,000 | £182,274 | £732,274 |
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 | -16.194 % | £-89,067 | £460,932 |
3 Month Average | -9.285 % | £-51,067 | £498,932 |
6 Month Average | -15.239 % | £-83,817 | £466,182 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £1,040,403 | £1,025,000 | 31 BALMORAL HOUSE EARLS WAY |
10 Jan 2023 | £895,780 | £900,000 | 14 BALMORAL HOUSE EARLS WAY |
20 Oct 2022 | £1,261,418 | £1,275,000 | 68 BALMORAL HOUSE EARLS WAY |
14 Feb 2022 | £1,127,347 | £1,075,000 | 59 BALMORAL HOUSE EARLS WAY |
6 Aug 2021 | £4,882,213 | £4,376,250 | 10 FAIR STREET |
This house has a floor area of 55 sq meters or 601 sq feet when measured on 22 Apr 2009. Using an estimated price of £732,274 means this house is valued at £13,097 per sq meter (£1,216 per sq foot).
The average size of a house on TOOLEY STREET is 65 sq meters (708 sq feet).