£839,235
This estimated value is based upon the latest sale price for the house of £575,000 on 1 May 2015. 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 |
|---|---|
| £575,000 | 1 May 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £575,000 results in an estimated price of approximately £839,235.
| 1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £575,000 | £264,235 | £839,235 |
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 | -0.786 % | £-4,520 | £570,479 |
| 3 Month Average | 9.877 % | £56,793 | £631,793 |
| 6 Month Average | 12.529 % | £72,041 | £647,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £428,751 | £425,000 | 20 POLLARD HOUSE, 122A SPA ROAD |
| 25 Jun 2021 | £525,733 | £490,000 | FLAT 58 BOLANACHI BUILDING SPA ROAD |
| 24 Jun 2021 | £616,931 | £575,000 | 10 AULAY HOUSE, 122 SPA ROAD |
| 4 Jun 2021 | £600,838 | £560,000 | 16 POLLARD HOUSE, 122A SPA ROAD |
| 14 Apr 2021 | £649,278 | £575,000 | FLAT 34 130 SPA ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Aug 2014. Using an estimated price of £839,235 means this house is valued at £8,928 per sq meter (£829 per sq foot).
The average size of a house on SPA ROAD is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Spa Road | |
| Jan 2024 | Drugs | Under investigation | On or near Spa Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Spa Road |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Spa Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Spa Road |