£546,202
This estimated value is based upon the latest sale price for the house of £467,500 on 20 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54 Southwark Bridge Road, London, SE1 0AR
Phone: 02081157266
Price Paid | Date |
---|---|
£467,500 | 20 Oct 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £467,500 results in an estimated price of approximately £546,202.
20 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.0 | 16.835 % | £467,500 | £78,702 | £546,202 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | -41.670 % | £-194,807 | £272,692 |
3 Month Average | -34.201 % | £-159,891 | £307,608 |
6 Month Average | -14.917 % | £-69,735 | £397,764 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £682,920 | £670,000 | FLAT 7 14 WELLER STREET |
14 Nov 2023 | £607,803 | £600,000 | 17 ISAAC WAY |
9 Aug 2023 | £935,690 | £930,000 | FLAT 10 14 WELLER STREET |
13 Jul 2023 | £579,986 | £574,500 | FLAT 3 28 CLENNAM STREET |
30 Jun 2023 | £630,109 | £625,000 | 31 ISAAC WAY |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 16 Jan 2020. Using an estimated price of £546,202 means this house is valued at £15,172 per sq meter (£1,409 per sq foot).
The average size of a house on ROYAL MINT STREET is 63 sq meters (688 sq feet).