7 SPA ROAD

£8,934,243

Full Address

7 SPA ROAD
LONDON
GREATER LONDON
UNITED KINGDOM
SE16 3QP

Estimated Market Value

£8,934,243

This estimated value is based upon the latest sale price for the house of £7,250,000 on 24 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1

There have been three burglaries within the last year on or near Grange Yard

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Local Estate Agents

Garrett Whitelock

164 Tower Bridge Road, London, SE1 3FG

Phone: 02034783598

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Map

Map other sales near here

Transactions for this house
Price PaidDate
£7,250,00024 Oct 2018
House Details
Freehold

House Price Models

Land Registry House Price Index Model

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 2018 the House Price Index for GREATER LONDON was 120.6.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.

Applying this 23.231% change to the original purchase price of £7,250,000 results in an estimated price of approximately £8,934,243.

24 Oct 2018 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
120.6 148.6 23.231 % £7,250,000 £1,684,243 £8,934,243

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 -0.241 % £-17,503 £7,232,496
3 Month Average 8.639 % £626,357 £7,876,357
6 Month Average 7.421 % £538,051 £7,788,051
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
14 Aug 2023 £605,295 £600,000 5 CUBE HOUSE, 5 SPA ROAD
13 Jul 2023 £422,689 £417,000 FLAT 7 10 THE GRANGE
12 May 2022 £617,638 £606,000 18 CUBE HOUSE, 5 SPA ROAD
2 Mar 2022 £813,466 £785,000 FLAT 38 SKYLINE COURT, 9 GRANGE YARD
7 Feb 2022 £550,565 £525,000 4 CUBE HOUSE, 5 SPA ROAD

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Dec 2023 Burglary Under investigation On or near Grange Yard
Dec 2023 Burglary Investigation complete; no suspect identified On or near Grange Yard
Dec 2023 Vehicle crime Investigation complete; no suspect identified On or near Grange Yard
Dec 2023 Burglary Investigation complete; no suspect identified On or near Grange Yard
Jan 2024 Other theft Investigation complete; no suspect identified On or near Bakery Street

View full details of these crimes and others in this area

Companies Near Here
TOCQUEVILLE NEW ROW LTD
Unit 1a 7 Spa Road London United Kingdom SE16 3QP
MADAGASCAR HAMPSTEAD LIMITED
Unit 1a 7, Spa Road London United Kingdom SE16 3QP
TOCQUEVILLE KINGS LTD
Unit 1a 7 Spa Road London England SE16 3QP
TOCQUEVILLE MARKHAM SQ. LTD
Unit 1a 7 Spa Road London United Kingdom SE16 3QP
TOCQUEVILLE TG TERRACE LTD
Unit 1a, 7, Spa Road, Southwark London England SE16 3QP

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People Near Here
MR Alfonso SARRACINO Director
Unit 1a 7 Spa Road, SE16 3QP

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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