£555,018
This estimated value is based upon the latest sale price for the house of £450,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-4 New King Street, London, SE8 3HS
Phone: 02080338661
| Price Paid | Date |
|---|---|
| £450,000 | 5 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £450,000 results in an estimated price of approximately £555,018.
| 5 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £450,000 | £105,018 | £555,018 |
The Postcode Pricing Model uses changes in average sales price within the SE8 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 | -4.330 % | £-19,486 | £430,513 |
| 3 Month Average | 2.966 % | £13,347 | £463,347 |
| 6 Month Average | 11.044 % | £49,696 | £499,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £615,788 | £607,500 | FLAT 109 STRETTON MANSIONS GLAISHER STREET |
| 26 Jun 2023 | £364,414 | £360,000 | FLAT F 19 WATERGATE STREET |
| 4 Jul 2022 | £614,655 | £613,000 | 4 CARRICK MEWS |
| 5 Jan 2022 | £657,755 | £625,000 | 8 BARQUE MEWS |
| 5 Oct 2020 | £598,272 | £510,000 | APARTMENT 7 DREW HOUSE, 21 WHARF STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 17 Apr 2014. Using an estimated price of £555,019 means this house is valued at £9,098 per sq meter (£845 per sq foot).
The average size of a house on WHARF STREET is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wharf Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Borthwick Street |
| Mar 2024 | Anti-social behaviour | On or near Borthwick Street | |
| Feb 2024 | Theft from the person | Under investigation | On or near Borthwick Street |
| Jan 2024 | Vehicle crime | Under investigation | On or near Borthwick Street |