£631,654
This estimated value is based upon the latest sale price for the house of £280,000 on 2 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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252 Westminster Bridge Road, London, SE1 7PD
Phone: 02035891599
| Price Paid | Date |
|---|---|
| £280,000 | 2 Oct 2003 |
| £175,000 | 16 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 October 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £280,000 results in an estimated price of approximately £631,654.
| 2 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £280,000 | £351,654 | £631,654 |
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 | 132.137 % | £369,984 | £649,984 |
| 3 Month Average | 109.310 % | £306,068 | £586,068 |
| 6 Month Average | 120.319 % | £336,893 | £616,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £474,117 | £470,000 | APARTMENT 508 WEST BLOCK FORUM MAGNUM SQUARE |
| 15 Mar 2024 | £563,660 | £555,000 | APARTMENT 702 WEST BLOCK FORUM MAGNUM SQUARE |
| 28 Feb 2023 | £880,884 | £875,000 | APARTMENT 611 WEST BLOCK FORUM MAGNUM SQUARE |
| 10 Feb 2023 | £865,783 | £860,000 | APARTMENT 616 WEST BLOCK FORUM MAGNUM SQUARE |
| 8 Apr 2022 | £523,898 | £505,000 | APARTMENT 601 WEST BLOCK FORUM MAGNUM SQUARE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 7 Apr 2019. Using an estimated price of £631,655 means this house is valued at £12,633 per sq meter (£1,173 per sq foot).
The average size of a house on FORUM MAGNUM SQUARE is 66 sq meters (720 sq feet).