£981,058
This estimated value is based upon the latest sale price for the house of £800,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Crescent Arcade, 279 Creek Road, London, SE10 9EJ
Phone: 02080224650
| Price Paid | Date |
|---|---|
| £800,000 | 25 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £800,000 results in an estimated price of approximately £981,058.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £800,000 | £181,058 | £981,058 |
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 | -27.194 % | £-217,554 | £582,445 |
| 3 Month Average | -0.586 % | £-4,689 | £795,310 |
| 6 Month Average | -2.620 % | £-20,957 | £779,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £331,742 | £327,500 | FLAT 9 STANTON HOUSE THAMES STREET |
| 29 Oct 2021 | £392,800 | £355,000 | FLAT 4 BOREMAN HOUSE THAMES STREET |
| 21 Dec 2020 | £757,491 | £660,000 | APARTMENT 16 WOOD WHARF APARTMENTS HORSEFERRY PLACE |
| 18 Dec 2020 | £467,693 | £407,500 | FLAT 2 MACEY HOUSE THAMES STREET |
| 12 Oct 2020 | £193,559 | £165,000 | 161 JUBILEE COURT, 8 WOOD WHARF |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 10 Jul 2019. Using an estimated price of £981,058 means this house is valued at £11,023 per sq meter (£1,024 per sq foot).
The average size of a house on HORSEFERRY PLACE is 78 sq meters (846 sq feet).