£1,114,351
This estimated value is based upon the latest sale price for the house of £824,995 on 14 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Bessemer Place
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Unit 6 128 Metcalfe Court, West Parkside, London, SE10 0EL
Phone: 02034782978
| Price Paid | Date |
|---|---|
| £824,995 | 14 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 110 sq meters or 1,184 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £824,995 results in an estimated price of approximately £1,114,351.
| 14 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £824,995 | £289,356 | £1,114,351 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | -6.281 % | £-51,819 | £773,175 |
| 3 Month Average | 21.242 % | £175,243 | £1,000,238 |
| 6 Month Average | 13.234 % | £109,181 | £934,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £606,000 | £606,000 | FLAT 176 15 BESSEMER PLACE |
| 11 Aug 2023 | £630,516 | £625,000 | FLAT 156 15 BESSEMER PLACE |
| 27 Feb 2023 | £654,560 | £655,000 | FLAT 140 15 BESSEMER PLACE |
| 7 Oct 2020 | £632,292 | £539,000 | FLAT 68 17 BESSEMER PLACE |
| 14 Oct 2019 | £938,137 | £765,000 | FLAT 181 15 BESSEMER PLACE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 25 Jan 2016. Using an estimated price of £1,114,352 means this house is valued at £10,130 per sq meter (£941 per sq foot).
The average size of a house on BESSEMER PLACE is 70 sq meters (758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bessemer Place |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bessemer Place |
| Dec 2023 | Drugs | Local resolution | On or near Bessemer Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bessemer Place |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Bessemer Place |