£196,933
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Feb 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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164 Tower Bridge Road, London, SE1 3FG
Phone: 02034783598
| Price Paid | Date |
|---|---|
| £120,000 | 9 Feb 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 February 2007 the House Price Index for GREATER LONDON was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £120,000 results in an estimated price of approximately £196,933.
| 9 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £120,000 | £76,933 | £196,933 |
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 | 81.953 % | £98,343 | £218,343 |
| 3 Month Average | 84.058 % | £100,869 | £220,869 |
| 6 Month Average | 88.052 % | £105,662 | £225,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £548,426 | £540,000 | FLAT 38 ARTESIAN HOUSE, 98 ALSCOT ROAD |
| 4 Aug 2023 | £544,827 | £535,000 | 2A DUNTON ROAD |
| 25 Nov 2022 | £482,743 | £485,000 | APARTMENT 4 91 ALSCOT ROAD |
| 3 Oct 2022 | £642,853 | £645,000 | FLAT 64 ARTESIAN HOUSE, 96 ALSCOT ROAD |
| 5 Sep 2022 | £444,703 | £445,000 | 8A DUNTON ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 4 Jul 2020. Using an estimated price of £196,934 means this house is valued at £4,102 per sq meter (£381 per sq foot).
The average size of a house on ALSCOT ROAD is 62 sq meters (670 sq feet).