£294,273
This estimated value is based upon the latest sale price for the house of £64,000 on 11 Dec 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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48 Thomas Street, London, SE18 6HT
Phone: 02080334255
Price Paid | Date |
---|---|
£64,000 | 11 Dec 1998 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 December 1998 the House Price Index for GREATER LONDON was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £64,000 results in an estimated price of approximately £294,273.
11 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.3 | 148.6 | 359.802 % | £64,000 | £230,273 | £294,273 |
The Postcode Pricing Model uses changes in average sales price within the E16 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 | 209.349 % | £133,983 | £197,983 |
3 Month Average | 326.438 % | £208,920 | £272,920 |
6 Month Average | 327.306 % | £209,475 | £273,475 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £279,575 | £276,000 | 1 LORD STREET |
31 Jul 2023 | £420,662 | £415,000 | 6 KENNARD STREET |
1 Mar 2023 | £272,568 | £270,000 | 13 MUIR STREET |
13 Jan 2023 | £278,687 | £280,000 | 84 NEWLAND STREET |
18 Nov 2022 | £395,213 | £400,000 | 28 HOLT ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 7 Jan 2020. Using an estimated price of £294,274 means this house is valued at £3,382 per sq meter (£314 per sq foot).
The average size of a house on MUIR STREET is 115 sq meters (1,242 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Muir Street |