£685,573
This estimated value is based upon the latest sale price for the house of £555,000 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Biscuit Factory, London, SE16 4DG
Phone: 02080330922
| Price Paid | Date |
|---|---|
| £555,000 | 22 Feb 2019 |
| £284,000 | 23 Jul 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 578 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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £555,000 results in an estimated price of approximately £685,573.
| 22 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £555,000 | £130,573 | £685,573 |
The Postcode Pricing Model uses changes in average sales price within the SE16 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 | 24.455 % | £135,722 | £690,722 |
| 3 Month Average | 22.437 % | £124,524 | £679,524 |
| 6 Month Average | 15.045 % | £83,502 | £638,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £574,095 | £564,050 | BUILDING 5 THE BERMONDSEY PROJECT DRUMMOND ROAD |
| 11 Oct 2022 | £31,144,885 | £31,480,226 | BUILDING F THE BERMONDSEY PROJECT CLEMENTS ROAD |
| 11 Oct 2022 | £8,299,135 | £8,388,493 | BUILDING Q THE BERMONDSEY PROJECT CLEMENTS ROAD |
| 11 Oct 2022 | £61,426,112 | £62,087,494 | BUILDINGS R S & T THE BERMONDSEY PROJECT CLEMENTS ROAD |
| 11 Oct 2022 | £3,145,685 | £3,179,555 | BUILDING O THE BERMONDSEY PROJECT CLEMENTS ROAD |
This house has a floor area of 53 sq meters or 578 sq feet when measured on 10 Nov 2009. Using an estimated price of £685,574 means this house is valued at £12,766 per sq meter (£1,186 per sq foot).
The average size of a house on CLEMENTS ROAD is 115 sq meters (1,245 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (578 sq feet).