£304,401
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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146 Lower Road, Rotherhithe, SE16 2UG
Phone: 02080339170
| Price Paid | Date |
|---|---|
| £250,000 | 12 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 20 sq meters or 215 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.760%.Applying this 21.760% change to the original purchase price of £250,000 results in an estimated price of approximately £304,401.
| 12 Jul 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.760 % | £250,000 | £54,401 | £304,401 |
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 | -3.642 % | £-9,104 | £240,895 |
| 3 Month Average | 7.179 % | £17,948 | £267,948 |
| 6 Month Average | 8.884 % | £22,210 | £272,210 |
This house has a floor area of 20 sq meters or 215 sq feet when measured on 19 Dec 2012.
The average size of a house on ROTHERHITHE NEW ROAD is 76 sq meters (824 sq feet).
This house is the smallest in the street with a floor area of 20 sq meters (215 sq feet).