£698,573
This estimated value is based upon the latest sale price for the house of £580,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Prospect Street
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160 Jamaica Road, Bermondsey, SE16 4RT
Phone: 02081282432
| Price Paid | Date |
|---|---|
| £580,000 | 27 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £580,000 results in an estimated price of approximately £698,573.
| 27 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £580,000 | £118,573 | £698,573 |
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 | -15.329 % | £-88,905 | £491,094 |
| 3 Month Average | -6.612 % | £-38,349 | £541,650 |
| 6 Month Average | 9.755 % | £56,576 | £636,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £418,663 | £415,000 | 57 PYNFOLDS JAMAICA ROAD |
| 25 Jul 2023 | £608,186 | £600,000 | APARTMENT 5 BOATMAN HOUSE PROSPECT STREET |
| 31 Mar 2023 | £1,261,889 | £1,250,000 | FLAT 2 WILLIAM GAITSKELL HOUSE, 23 PARADISE STREET |
| 27 Jan 2023 | £1,069,960 | £1,075,000 | FLAT 1 WILLIAM GAITSKELL HOUSE, 23 PARADISE STREET |
| 27 May 2022 | £356,722 | £350,000 | 7 PYNFOLDS JAMAICA ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 6 Mar 2020. Using an estimated price of £698,573 means this house is valued at £9,979 per sq meter (£927 per sq foot).
The average size of a house on JAMAICA ROAD is 62 sq meters (671 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Prospect Street |
| Apr 2024 | Burglary | Under investigation | On or near Prospect Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Prospect Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Prospect Street |
| Mar 2024 | Anti-social behaviour | On or near Prospect Street |