£310,048
This estimated value is based upon the latest sale price for the house of £70,000 on 28 May 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Plough Way, London, SE16 2LS
Phone: 02034637550
| Price Paid | Date |
|---|---|
| £70,000 | 28 May 1999 |
| Terraced |
| Freehold |
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 May 1999 the House Price Index for GREATER LONDON was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £70,000 results in an estimated price of approximately £310,048.
| 28 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 148.6 | 342.927 % | £70,000 | £240,048 | £310,048 |
The Postcode Pricing Model uses changes in average sales price within the SE8 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 | 747.621 % | £523,334 | £593,334 |
| 3 Month Average | 436.281 % | £305,396 | £375,396 |
| 6 Month Average | 475.989 % | £333,191 | £403,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £253,238 | £250,000 | FLAT 45 MELVILLE COURT CROFT STREET |
| 11 Apr 2023 | £308,320 | £305,000 | 206 LOWER ROAD |
| 29 Jul 2022 | £556,498 | £555,000 | 262 LOWER ROAD |
| 20 Jul 2022 | £325,877 | £325,000 | FLAT 3 BURYFIELD COURT, 254 - 258 LOWER ROAD |
| 30 Jun 2022 | £415,877 | £410,000 | 228C LOWER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Bestwood Street |
| Jan 2024 | Public order | Under investigation | On or near Bestwood Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Bestwood Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bestwood Street |
| Jan 2024 | Drugs | Under investigation | On or near Trundley'S Terrace |