£281,096
This estimated value is based upon the latest sale price for the house of £90,000 on 4 Jan 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Long Lane, London, SE1 4PG
Phone: 02081159841
| Price Paid | Date |
|---|---|
| £90,000 | 4 Jan 2002 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 61 sq meters or 663 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 January 2002 the House Price Index for GREATER LONDON was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £90,000 results in an estimated price of approximately £281,096.
| 4 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £90,000 | £191,096 | £281,096 |
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 | 88.792 % | £79,912 | £169,912 |
| 3 Month Average | 128.960 % | £116,063 | £206,063 |
| 6 Month Average | 142.011 % | £127,809 | £217,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £477,063 | £470,000 | FLAT 10 QUASTEL HOUSE, 32 LONG LANE |
| 30 Aug 2023 | £191,677 | £190,000 | FLAT 18 34 LONG LANE |
| 27 Jan 2023 | £418,031 | £420,000 | 52 EMPIRE SQUARE WEST |
| 18 Oct 2019 | £156,663 | £127,750 | FLAT 2 34 LONG LANE |
| 30 Apr 2019 | £231,877 | £187,500 | FLAT 19 34 LONG LANE |
This house has a floor area of 61 sq meters or 663 sq feet when measured on 30 Oct 2009. Using an estimated price of £281,096 means this house is valued at £4,563 per sq meter (£423 per sq foot).
The average size of a house on TABARD STREET is 64 sq meters (698 sq feet).