£4,632,490
This estimated value is based upon the latest sale price for the house of £3,600,000 on 3 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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220 Tower Bridge Road, London, SE1 2UP
Phone: 02081152477
| Price Paid | Date |
|---|---|
| £3,600,000 | 3 May 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 240 sq meters or 2,583 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 May 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £3,600,000 results in an estimated price of approximately £4,632,490.
| 3 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £3,600,000 | £1,032,490 | £4,632,490 |
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 | -17.832 % | £-641,969 | £2,958,030 |
| 3 Month Average | -20.998 % | £-755,924 | £2,844,075 |
| 6 Month Average | -13.774 % | £-495,848 | £3,104,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £708,433 | £697,945 | 45 TUDOR HOUSE DUCHESS WALK |
| 16 Feb 2023 | £1,998,655 | £2,000,000 | 89 TUDOR HOUSE DUCHESS WALK |
| 7 Oct 2022 | £707,384 | £715,000 | 46 TUDOR HOUSE DUCHESS WALK |
| 28 Jul 2022 | £3,058,232 | £3,050,000 | 30 BLENHEIM HOUSE CROWN SQUARE |
| 20 Jul 2022 | £1,554,184 | £1,550,000 | 84 TUDOR HOUSE DUCHESS WALK |
This house has a floor area of 240 sq meters or 2,583 sq feet when measured on 17 Aug 2016. Using an estimated price of £4,632,490 means this house is valued at £19,302 per sq meter (£1,793 per sq foot).
The average size of a house on CROWN SQUARE is 126 sq meters (1,361 sq feet).