£285,485
This estimated value is based upon the latest sale price for the house of £235,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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243 Lower Road, Surrey Quays, SE16 2LW
Phone: 02034783204
| Price Paid | Date |
|---|---|
| £235,000 | 23 Aug 2019 |
| £107,000 | 3 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 424 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.483%.Applying this 21.483% change to the original purchase price of £235,000 results in an estimated price of approximately £285,485.
| 23 Aug 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 146.7 | 21.483 % | £235,000 | £50,485 | £285,485 |
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 | 10.184 % | £23,932 | £258,932 |
| 3 Month Average | 13.036 % | £30,635 | £265,635 |
| 6 Month Average | 11.423 % | £26,843 | £261,843 |
This house has a floor area of 39 sq meters or 424 sq feet when measured on 9 Mar 2011.
The average size of a house on ROTHERHITHE NEW ROAD is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Offender given penalty notice | On or near Cope Street |
| Jan 2024 | Anti-social behaviour | On or near Cope Street | |
| Jan 2024 | Anti-social behaviour | On or near Cope Street | |
| Jan 2024 | Anti-social behaviour | On or near Cope Street | |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Cope Street |