£402,297
This estimated value is based upon the latest sale price for the house of £275,000 on 3 Jun 2015. 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 |
|---|---|
| £275,000 | 3 Jun 2015 |
| £157,500 | 9 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £275,000 results in an estimated price of approximately £402,297.
| 3 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £275,000 | £127,297 | £402,297 |
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 | 16.115 % | £44,315 | £319,315 |
| 3 Month Average | 21.867 % | £60,133 | £335,133 |
| 6 Month Average | 17.094 % | £47,009 | £322,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £180,000 | £180,000 | FLAT 44 TREVITHICK HOUSE RENNIE ESTATE |
| 9 Sep 2022 | £264,823 | £265,000 | FLAT 17 FITZMAURICE HOUSE RENNIE ESTATE |
| 22 Apr 2022 | £306,039 | £295,000 | FLAT 32 FITZMAURICE HOUSE RENNIE ESTATE |
| 14 Apr 2022 | £560,208 | £540,000 | FLAT 2 LION APARTMENTS, 264 ROTHERHITHE NEW ROAD |
| 4 Mar 2022 | £386,255 | £370,000 | FLAT 206 BLAKE COURT, 10 STUBBS DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 6 Dec 2013. Using an estimated price of £402,297 means this house is valued at £6,704 per sq meter (£622 per sq foot).
The average size of a house on RENNIE ESTATE is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Oct 2024 | Vehicle crime | Under investigation | On or near Shopping Area |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |
| Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
| Sep 2024 | Anti-social behaviour | On or near Shopping Area |