£584,414
This estimated value is based upon the latest sale price for the house of £520,000 on 11 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 18, 08 Aragon Tower, George Beard Road, London, SE8 3AL
Phone: 02036413928
Price Paid | Date |
---|---|
£520,000 | 11 Aug 2021 |
£430,000 | 7 Jan 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 August 2021 the House Price Index for GREATER LONDON was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £520,000 results in an estimated price of approximately £584,414.
11 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £520,000 | £64,414 | £584,414 |
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 | 32.904 % | £171,102 | £691,102 |
3 Month Average | 1.411 % | £7,336 | £527,336 |
6 Month Average | 0.998 % | £5,190 | £525,190 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £374,508 | £363,000 | FLAT 1 COOMBROOK COURT ELGAR STREET |
19 Oct 2023 | £644,641 | £630,000 | 14 HOWLAND WAY |
2 Jun 2023 | £612,270 | £600,000 | 2 HOWLAND WAY |
23 Feb 2023 | £669,472 | £665,000 | 7 HOWLAND WAY |
28 Oct 2022 | £533,219 | £535,000 | 11 BENYAMIN APARTMENTS, 375 ROTHERHITHE STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 15 Apr 2015. Using an estimated price of £584,414 means this house is valued at £8,469 per sq meter (£786 per sq foot).
The average size of a house on ROTHERHITHE STREET is 77 sq meters (835 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Defoe Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Elgar Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Elgar Street |