£302,231
This estimated value is based upon the latest sale price for the house of £175,000 on 13 May 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Biscuit Factory, London, SE16 4DG
Phone: 02080330922
| Price Paid | Date |
|---|---|
| £175,000 | 13 May 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £175,000 results in an estimated price of approximately £302,231.
| 13 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £175,000 | £127,231 | £302,231 |
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 | 52.127 % | £91,221 | £266,221 |
| 3 Month Average | 75.057 % | £131,349 | £306,349 |
| 6 Month Average | 68.598 % | £120,046 | £295,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £632,870 | £623,500 | 20 BENWICK CLOSE |
| 13 Jun 2023 | £359,353 | £355,000 | FLAT 25 DAMORY HOUSE ABBEYFIELD ESTATE |
| 11 Mar 2022 | £218,651 | £211,000 | FLAT 5 DAMORY HOUSE ABBEYFIELD ESTATE |
| 26 Nov 2021 | £232,525 | £215,000 | 206B ROTHERHITHE NEW ROAD |
| 30 Sep 2021 | £339,442 | £315,000 | 101 RAYMOUTH ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 8 Jul 2015. Using an estimated price of £302,232 means this house is valued at £4,722 per sq meter (£438 per sq foot).
The average size of a house on RAYMOUTH ROAD is 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nelldale Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Benwick Close |