£851,885
This estimated value is based upon the latest sale price for the house of £793,750 on 23 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Shad Thames, London, SE1 2YU
Phone: 02034783205
Price Paid | Date |
---|---|
£793,750 | 23 Sep 2021 |
£820,000 | 15 May 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 124 sq meters or 1,334 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £793,750 results in an estimated price of approximately £851,885.
23 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.0 | 7.324 % | £793,750 | £58,135 | £851,885 |
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 | -8.408 % | £-66,738 | £727,011 |
3 Month Average | -3.597 % | £-28,547 | £765,202 |
6 Month Average | -2.172 % | £-17,238 | £776,511 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £785,153 | £782,500 | FLAT 27 COSTERMONGER BUILDING, 10 ARTS LANE |
17 Aug 2023 | £583,549 | £580,000 | FLAT 21 PULLMAN BUILDING, 88 SPA ROAD |
3 Apr 2023 | £350,606 | £348,000 | 33 OLD TOWN HALL APARTMENTS, 19 SPA ROAD |
24 Mar 2023 | £598,234 | £595,000 | FLAT 319 2 HAVEN WAY |
27 Jan 2023 | £872,338 | £880,000 | FLAT 631 2 HAVEN WAY |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 2 Apr 2014. Using an estimated price of £851,885 means this house is valued at £6,870 per sq meter (£638 per sq foot).
The average size of a house on SPA ROAD is 68 sq meters (736 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Shoplifting | Under investigation | On or near Arts Lane |
Mar 2024 | Other crime | Under investigation | On or near Arts Lane |
Mar 2024 | Shoplifting | Under investigation | On or near Arts Lane |
Mar 2024 | Theft from the person | Under investigation | On or near Arts Lane |
Mar 2024 | Shoplifting | Under investigation | On or near Arts Lane |