£669,610
This estimated value is based upon the latest sale price for the house of £625,000 on 10 Dec 2021. 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 |
|---|---|
| £625,000 | 10 Dec 2021 |
| £159,950 | 7 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £625,000 results in an estimated price of approximately £669,610.
| 10 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £625,000 | £44,610 | £669,610 |
The Postcode Pricing Model uses changes in average sales price within the SE8 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 | -29.837 % | £-186,482 | £438,517 |
| 3 Month Average | 2.693 % | £16,833 | £641,833 |
| 6 Month Average | -11.926 % | £-74,540 | £550,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £722,644 | £710,000 | 2 ALLOA ROAD |
| 20 Mar 2023 | £731,895 | £725,000 | 35 ALLOA ROAD |
| 20 Mar 2023 | £964,083 | £955,000 | 37 ALLOA ROAD |
| 28 Feb 2023 | £514,654 | £515,000 | 12 SYBIL PHOENIX CLOSE |
| 30 Sep 2022 | £344,220 | £347,000 | 6A ALLOA ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 22 Apr 2021. Using an estimated price of £669,611 means this house is valued at £6,501 per sq meter (£603 per sq foot).
The average size of a house on ALLOA ROAD is 121 sq meters (1,307 sq feet).