£501,598
This estimated value is based upon the latest sale price for the house of £410,000 on 3 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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164 Tower Bridge Road, London, SE1 3FG
Phone: 02034783598
| Price Paid | Date |
|---|---|
| £410,000 | 3 Jul 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £410,000 results in an estimated price of approximately £501,598.
| 3 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £410,000 | £91,598 | £501,598 |
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 | -6.949 % | £-28,491 | £381,508 |
| 3 Month Average | -14.431 % | £-59,168 | £350,831 |
| 6 Month Average | -14.222 % | £-58,310 | £351,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £1,393,269 | £1,380,000 | FLAT 101 BUILDING 600 ALASKA BUILDINGS, 61 GRANGE ROAD |
| 16 Oct 2023 | £237,193 | £238,000 | FLAT 10 ST. VINCENT HOUSE ST SAVIOURS ESTATE |
| 10 Oct 2023 | £418,576 | £420,000 | FLAT 68 ST. VINCENT HOUSE ST SAVIOURS ESTATE |
| 3 Oct 2023 | £413,593 | £415,000 | FLAT G.09 BUILDING 600 ALASKA BUILDINGS, 61 GRANGE ROAD |
| 21 Aug 2023 | £317,838 | £320,000 | FLAT 69 ST. VINCENT HOUSE ST SAVIOURS ESTATE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 26 Sep 2017. Using an estimated price of £502,624 means this house is valued at £10,926 per sq meter (£1,015 per sq foot).
The average size of a house on GRANGE ROAD is 68 sq meters (732 sq feet).