£399,152
This estimated value is based upon the latest sale price for the house of £249,950 on 4 May 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Plough Way, London, SE16 2LS
Phone: 02034637550
| Price Paid | Date |
|---|---|
| £249,950 | 4 May 2007 |
| £151,000 | 2 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £249,950 results in an estimated price of approximately £399,152.
| 4 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £249,950 | £149,202 | £399,152 |
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 | 89.951 % | £224,832 | £474,782 |
| 3 Month Average | 80.671 % | £201,637 | £451,587 |
| 6 Month Average | 86.228 % | £215,527 | £465,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £208,081 | £205,000 | 3 ONEGA GATE |
| 28 Sep 2023 | £541,929 | £535,000 | 58 PLOVER WAY |
| 11 Sep 2023 | £952,175 | £940,000 | 30 PLOVER WAY |
| 7 Aug 2023 | £630,516 | £625,000 | 3 FARROW PLACE |
| 7 Jul 2023 | £750,095 | £740,000 | 10 FARROW PLACE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 29 Sep 2021. Using an estimated price of £399,152 means this house is valued at £7,391 per sq meter (£686 per sq foot).
The average size of a house on FARROW PLACE is 68 sq meters (737 sq feet).