£534,555
This estimated value is based upon the latest sale price for the house of £311,000 on 24 Apr 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 2, Montreal House, Surrey Quays Road, London, SE16 7AQ
Phone: 02035445679
Price Paid | Date |
---|---|
£311,000 | 24 Apr 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 518 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 April 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £311,000 results in an estimated price of approximately £534,555.
24 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.883 % | £311,000 | £223,555 | £534,555 |
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 | 63.636 % | £197,908 | £508,908 |
3 Month Average | 61.030 % | £189,802 | £500,802 |
6 Month Average | 56.820 % | £176,710 | £487,710 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £692,961 | £680,000 | FLAT 27 VANCOUVER HOUSE SURREY QUAYS ROAD |
15 Feb 2023 | £587,927 | £584,000 | FLAT 58 VANCOUVER HOUSE NEEDLEMAN STREET |
14 Jul 2022 | £492,939 | £488,000 | FLAT 38 VANCOUVER HOUSE SURREY QUAYS ROAD |
21 Feb 2022 | £475,406 | £450,000 | FLAT 64 VANCOUVER HOUSE NEEDLEMAN STREET |
14 Jan 2022 | £508,895 | £480,000 | FLAT 36 VANCOUVER HOUSE SURREY QUAYS ROAD |
This house has a floor area of 48 sq meters or 518 sq feet when measured on 1 Mar 2012. Using an estimated price of £534,555 means this house is valued at £11,092 per sq meter (£1,030 per sq foot).
The average size of a house on SURREY QUAYS ROAD is 60 sq meters (654 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Province Drive |
Oct 2024 | Drugs | Under investigation | On or near Province Drive |
Oct 2024 | Drugs | Under investigation | On or near Province Drive |
Oct 2024 | Drugs | Offender given penalty notice | On or near Province Drive |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Province Drive |