£477,289
This estimated value is based upon the latest sale price for the house of £285,050 on 15 Jun 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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146 Lower Road, Rotherhithe, SE16 2UG
Phone: 02080339170
| Price Paid | Date |
|---|---|
| £285,050 | 15 Jun 2012 |
| £74,000 | 2 Oct 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 2012 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.441%.Applying this 67.441% change to the original purchase price of £285,050 results in an estimated price of approximately £477,289.
| 15 Jun 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.441 % | £285,050 | £192,239 | £477,289 |
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 | 33.553 % | £95,642 | £380,692 |
| 3 Month Average | 52.727 % | £150,298 | £435,348 |
| 6 Month Average | 48.947 % | £139,524 | £424,574 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 7 Dec 2010.
The average size of a house on MILLENDER WALK is 84 sq meters (913 sq feet).