£1,409,414
This estimated value is based upon the latest sale price for the house of £1,400,000 on 6 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Borough High Street, London, SE1 1XW
Phone: 02034639524
| Price Paid | Date |
|---|---|
| £1,400,000 | 6 Feb 2023 |
| £1,328,513 | 30 Jun 2016 |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £1,400,000 results in an estimated price of approximately £1,409,414.
| 6 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £1,400,000 | £9,414 | £1,409,414 |
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 | -23.892 % | £-334,488 | £1,065,511 |
| 3 Month Average | -17.151 % | £-240,119 | £1,159,880 |
| 6 Month Average | -10.871 % | £-152,188 | £1,247,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £4,829,692 | £4,720,000 | TULIP HOUSE, 70 BOROUGH HIGH STREET |
| 14 Jun 2023 | £3,122,577 | £3,060,000 | 47 - 49 BOROUGH HIGH STREET |
| 6 Feb 2023 | £1,409,415 | £1,400,000 | FLAT 3 TOWN HALL CHAMBERS, 32 BOROUGH HIGH STREET |
| 6 Oct 2022 | £1,943,509 | £1,950,000 | 12 - 14 PARK STREET |
| 6 Oct 2022 | £1,644,507 | £1,650,000 | 10 PARK STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 11 Oct 2012. Using an estimated price of £1,409,415 means this house is valued at £13,050 per sq meter (£1,212 per sq foot).
The average size of a house on BOROUGH HIGH STREET is 84 sq meters (906 sq feet).