£347,255
This estimated value is based upon the latest sale price for the house of £115,000 on 15 Mar 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 18, 08 Aragon Tower, George Beard Road, London, SE8 3AL
Phone: 02036413928
Price Paid | Date |
---|---|
£115,000 | 15 Mar 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 March 2002 the House Price Index for GREATER LONDON was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £115,000 results in an estimated price of approximately £347,255.
15 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 148.6 | 201.961 % | £115,000 | £232,255 | £347,255 |
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 | 213.559 % | £245,592 | £360,592 |
3 Month Average | 130.940 % | £150,581 | £265,581 |
6 Month Average | 149.393 % | £171,802 | £286,802 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £349,468 | £345,000 | 8 FORESHORE |
10 Feb 2023 | £587,105 | £587,500 | 7 FORESHORE |
10 Feb 2023 | £414,721 | £415,000 | 21 FORESHORE |
30 Sep 2022 | £6,070,975 | £6,120,000 | 23 WHARF STREET |
12 Jul 2022 | £466,255 | £465,000 | APARTMENT 34 DREW HOUSE, 21 WHARF STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 29 Oct 2013. Using an estimated price of £347,256 means this house is valued at £9,385 per sq meter (£871 per sq foot).
The average size of a house on FORESHORE is 54 sq meters (585 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Foreshore |
Dec 2023 | Theft from the person | Under investigation | On or near Foreshore |