£657,735
This estimated value is based upon the latest sale price for the house of £190,000 on 23 Apr 2001. 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 |
|---|---|
| £190,000 | 23 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 April 2001 the House Price Index for GREATER LONDON was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £190,000 results in an estimated price of approximately £657,735.
| 23 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £190,000 | £467,735 | £657,735 |
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 | 52.236 % | £99,247 | £289,247 |
| 3 Month Average | 122.504 % | £232,757 | £422,757 |
| 6 Month Average | 140.172 % | £266,326 | £456,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £1,514,266 | £1,500,000 | APARTMENT 40 BENBOW HOUSE, 24 NEW GLOBE WALK |
| 30 Jan 2023 | £1,393,436 | £1,400,000 | FLAT 29 20 NEW GLOBE WALK |
| 22 Sep 2022 | £1,507,824 | £1,520,000 | APARTMENT 9 BENBOW HOUSE, 24 NEW GLOBE WALK |
| 25 Mar 2022 | £1,139,889 | £1,100,000 | APARTMENT 36 BENBOW HOUSE, 24 NEW GLOBE WALK |
| 5 Nov 2021 | £7,570,597 | £7,000,000 | APARTMENT 74 BENBOW HOUSE, 24 NEW GLOBE WALK |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 6 Oct 2021. Using an estimated price of £657,735 means this house is valued at £11,745 per sq meter (£1,091 per sq foot).
The average size of a house on NEW GLOBE WALK is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Bankside | |
| Jan 2024 | Anti-social behaviour | On or near Bankside | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bankside |
| Jan 2024 | Anti-social behaviour | On or near Bankside | |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Bankside |