£493,295
This estimated value is based upon the latest sale price for the house of £490,000 on 9 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Mill Street
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2 Shad Thames, London, SE1 2YU
Phone: 02034783205
| Price Paid | Date |
|---|---|
| £490,000 | 9 Feb 2023 |
| £490,000 | 9 Feb 2022 |
| £475,000 | 24 Feb 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 February 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £490,000 results in an estimated price of approximately £493,295.
| 9 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £490,000 | £3,295 | £493,295 |
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 | -23.892 % | £-117,071 | £372,928 |
| 3 Month Average | -17.151 % | £-84,041 | £405,958 |
| 6 Month Average | -10.871 % | £-53,265 | £436,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £838,484 | £820,000 | FLAT 34 VOGANS MILL WHARF, 17 MILL STREET |
| 13 Mar 2023 | £498,322 | £490,000 | FLAT 14 HOBBS COURT, 2 JACOB STREET |
| 28 Feb 2023 | £619,136 | £615,000 | 3 LITTLE LONDON COURT |
| 9 Feb 2023 | £493,295 | £490,000 | FLAT 10 HOBBS COURT, 2 JACOB STREET |
| 5 Jan 2023 | £706,889 | £705,000 | FLAT 9 VOGANS MILL WHARF, 17 MILL STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 13 Sep 2021. Using an estimated price of £493,295 means this house is valued at £8,969 per sq meter (£833 per sq foot).
The average size of a house on JACOB STREET is 66 sq meters (720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Mill Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mill Street |
| Sep 2024 | Anti-social behaviour | On or near Mill Street | |
| Sep 2024 | Anti-social behaviour | On or near Mill Street | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Street |