£565,983
This estimated value is based upon the latest sale price for the house of £460,000 on 27 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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18 Pilgrimage Street, London Bridge, SE1 4LL
Phone: 02081157230
| Price Paid | Date |
|---|---|
| £460,000 | 27 Mar 2019 |
| £460,000 | 14 Jan 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £460,000 results in an estimated price of approximately £565,983.
| 27 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £460,000 | £105,983 | £565,983 |
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 | -53.894 % | £-247,910 | £212,089 |
| 3 Month Average | -48.599 % | £-223,555 | £236,444 |
| 6 Month Average | -38.015 % | £-174,870 | £285,129 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £456,542 | £455,000 | FLAT 7 OTFORD HOUSE STAPLE STREET |
| 7 Mar 2024 | £326,102 | £325,000 | FLAT 62 OTFORD HOUSE STAPLE STREET |
| 7 Aug 2023 | £457,784 | £455,000 | FLAT 19 OTFORD HOUSE STAPLE STREET |
| 14 Jul 2023 | £509,823 | £505,000 | FLAT 4 102 LONG LANE |
| 17 Mar 2023 | £261,413 | £260,000 | FLAT 23 STROOD HOUSE MANCIPLE STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 17 Apr 2020. Using an estimated price of £565,984 means this house is valued at £8,707 per sq meter (£808 per sq foot).
The average size of a house on MANCIPLE STREET is 67 sq meters (724 sq feet).