£253,368
This estimated value is based upon the latest sale price for the house of £150,000 on 4 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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89 Newington Causeway, London, SE1 6BN
Phone: 02081289393
| Price Paid | Date |
|---|---|
| £150,000 | 4 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
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 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £150,000 results in an estimated price of approximately £253,368.
| 4 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £150,000 | £103,368 | £253,368 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | 33.252 % | £49,877 | £199,877 |
| 3 Month Average | 75.205 % | £112,807 | £262,807 |
| 6 Month Average | 88.714 % | £133,071 | £283,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £498,726 | £490,000 | FLAT 29 26 ARCH STREET |
| 11 Aug 2023 | £504,413 | £500,000 | FLAT 3 WELLESLEY COURT, 15 ROCKINGHAM STREET |
| 11 Aug 2023 | £504,413 | £500,000 | FLAT 6 WELLESLEY COURT, 15 ROCKINGHAM STREET |
| 11 Aug 2023 | £403,530 | £400,000 | FLAT 5 WELLESLEY COURT, 15 ROCKINGHAM STREET |
| 11 Jul 2023 | £364,911 | £360,000 | FLAT 71 ALBERT BARNES HOUSE NEW KENT ROAD |