£292,285
This estimated value is based upon the latest sale price for the house of £232,500 on 5 Dec 2017. 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 |
---|---|
£232,500 | 5 Dec 2017 |
£116,000 | 22 Sep 2006 |
£58,950 | 11 Feb 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 29 sq meters or 315 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £232,500 results in an estimated price of approximately £292,285.
5 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £232,500 | £59,785 | £292,285 |
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 | -17.183 % | £-39,949 | £192,550 |
3 Month Average | 13.393 % | £31,137 | £263,637 |
6 Month Average | 0.983 % | £2,284 | £234,784 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jul 2023 | £283,820 | £280,000 | FLAT 62 CONSTABLE COURT, 4 STUBBS DRIVE |
30 Jun 2023 | £338,095 | £334,000 | FLAT 17 MICHELANGELO COURT, 1 STUBBS DRIVE |
8 Jul 2022 | £300,810 | £300,000 | FLAT 30 MONET COURT, 2 STUBBS DRIVE |
10 Nov 2021 | £324,454 | £300,000 | FLAT 52 CONSTABLE COURT, 4 STUBBS DRIVE |
22 Oct 2021 | £343,008 | £310,000 | FLAT 15 MICHELANGELO COURT, 1 STUBBS DRIVE |
This house has a floor area of 29 sq meters or 315 sq feet when measured on 11 Sep 2009. Using an estimated price of £292,285 means this house is valued at £9,975 per sq meter (£926 per sq foot).
The average size of a house on STUBBS DRIVE is 46 sq meters (504 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Stubbs Drive |
Jan 2024 | Other theft | Under investigation | On or near Stubbs Drive |
Dec 2023 | Drugs | Under investigation | On or near Rossetti Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Rossetti Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rossetti Road |