£64,296,632
This estimated value is based upon the latest sale price for the house of £51,307,200 on 28 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Creative Road
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The Fuel Tank, 8-12 Creekside, London, SE8 3DX
Phone: 02034632607
Price Paid | Date |
---|---|
£51,307,200 | 28 Mar 2018 |
Leasehold |
Floor Area: 76 sq meters or 818 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £51,307,200 results in an estimated price of approximately £64,296,632.
28 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £51,307,200 | £12,989,432 | £64,296,632 |
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 | 39.396 % | £20,213,122 | £71,520,322 |
3 Month Average | -2.962 % | £-1,519,967 | £49,787,232 |
6 Month Average | -1.546 % | £-793,434 | £50,513,765 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2021 | £396,044 | £355,000 | 54 TORRENT LODGE, 11 MERRYWEATHER PLACE |
31 Jan 2020 | £457,393 | £375,000 | 15 TORRENT LODGE, 11 MERRYWEATHER PLACE |
19 Dec 2019 | £662,453 | £540,000 | 24 TORRENT LODGE, 11 MERRYWEATHER PLACE |
20 Nov 2019 | £650,016 | £530,000 | 58 PAXTON POINT, 3 MERRYWEATHER PLACE |
18 Oct 2019 | £453,740 | £370,000 | 11 TORRENT LODGE, 11 MERRYWEATHER PLACE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 25 Jan 2018. Using an estimated price of £64,296,632 means this house is valued at £846,008 per sq meter (£78,596 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Creative Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Creative Road |
Jan 2024 | Burglary | Under investigation | On or near Creative Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Creative Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merryweather Place |