£432,336
This estimated value is based upon the latest sale price for the house of £430,000 on 6 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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89 Newington Causeway, London, SE1 6BN
Phone: 02081289393
| Price Paid | Date |
|---|---|
| £430,000 | 6 Mar 2023 |
| £230,000 | 3 Oct 2006 |
| £99,800 | 28 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 583 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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £430,000 results in an estimated price of approximately £432,336.
| 6 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £430,000 | £2,336 | £432,336 |
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 | -20.356 % | £-87,530 | £342,469 |
| 3 Month Average | -22.259 % | £-95,715 | £334,284 |
| 6 Month Average | -14.282 % | £-61,412 | £368,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £473,967 | £465,000 | APARTMENT 214 METRO CENTRAL HEIGHTS, 119 NEWINGTON CAUSEWAY |
| 6 Mar 2023 | £432,337 | £430,000 | APARTMENT 161 METRO CENTRAL HEIGHTS, 119 NEWINGTON CAUSEWAY |
| 5 Aug 2022 | £412,215 | £415,000 | APARTMENT 196 METRO CENTRAL HEIGHTS, 119 NEWINGTON CAUSEWAY |
| 31 Jan 2022 | £492,635 | £470,000 | APARTMENT 155 METRO CENTRAL HEIGHTS, 119 NEWINGTON CAUSEWAY |
| 9 Dec 2021 | £442,826 | £415,000 | APARTMENT 174 METRO CENTRAL HEIGHTS, 119 NEWINGTON CAUSEWAY |
This house has a floor area of 54 sq meters or 583 sq feet when measured on 16 Feb 2011. Using an estimated price of £432,337 means this house is valued at £7,976 per sq meter (£741 per sq foot).
The average size of a house on NEWINGTON CAUSEWAY is 54 sq meters (584 sq feet).