£770,082
This estimated value is based upon the latest sale price for the house of £535,000 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Shad Thames, London, SE1 2YU
Phone: 02034783205
| Price Paid | Date |
|---|---|
| £535,000 | 3 Jul 2015 |
| £379,000 | 3 Feb 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £535,000 results in an estimated price of approximately £770,082.
| 3 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £535,000 | £235,082 | £770,082 |
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 | -11.967 % | £-64,021 | £470,978 |
| 3 Month Average | 15.056 % | £80,548 | £615,548 |
| 6 Month Average | 12.823 % | £68,601 | £603,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £593,590 | £586,000 | 24 SANDOVER HOUSE, 124 SPA ROAD |
| 25 Jun 2021 | £525,733 | £490,000 | FLAT 58 BOLANACHI BUILDING SPA ROAD |
| 24 Jun 2021 | £616,931 | £575,000 | 10 AULAY HOUSE, 122 SPA ROAD |
| 14 Apr 2021 | £649,278 | £575,000 | FLAT 34 130 SPA ROAD |
| 16 Dec 2020 | £619,765 | £540,000 | FLAT 99 BOLANACHI BUILDING ENID STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 19 Feb 2020. Using an estimated price of £770,082 means this house is valued at £14,001 per sq meter (£1,300 per sq foot).
The average size of a house on SPA ROAD is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Spa Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Spa Road |
| Jan 2024 | Anti-social behaviour | On or near Spa Road | |
| Jan 2024 | Anti-social behaviour | On or near Spa Road | |
| Jan 2024 | Anti-social behaviour | On or near Spa Road |