£505,206
This estimated value is based upon the latest sale price for the house of £125,000 on 25 Nov 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Shad Thames, London, SE1 2YU
Phone: 02034783205
Price Paid | Date |
---|---|
£125,000 | 25 Nov 1999 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 630 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 November 1999 the House Price Index for GREATER LONDON was 36.4.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 304.165%.Applying this 304.165% change to the original purchase price of £125,000 results in an estimated price of approximately £505,206.
25 Nov 1999 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.4 | 147.0 | 304.165 % | £125,000 | £380,206 | £505,206 |
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 | 219.507 % | £274,383 | £399,383 |
3 Month Average | 195.641 % | £244,551 | £369,551 |
6 Month Average | 250.835 % | £313,543 | £438,543 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Nov 2022 | £473,721 | £485,000 | APARTMENT 4 91 ALSCOT ROAD |
3 Oct 2022 | £630,838 | £645,000 | FLAT 64 ARTESIAN HOUSE, 96 ALSCOT ROAD |
4 Jul 2022 | £386,581 | £390,000 | FLAT 31 ARTESIAN HOUSE, 98 ALSCOT ROAD |
27 Jun 2022 | £275,562 | £275,000 | 37 HENLEY DRIVE |
17 Jun 2022 | £501,023 | £500,000 | APARTMENT 3 91 ALSCOT ROAD |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 30 Apr 2010. Using an estimated price of £505,206 means this house is valued at £8,621 per sq meter (£800 per sq foot).
The average size of a house on GRANGE ROAD is 68 sq meters (732 sq feet).