£711,096
This estimated value is based upon the latest sale price for the house of £555,000 on 26 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Plough Way, London, SE16 2LS
Phone: 02034637550
Price Paid | Date |
---|---|
£555,000 | 26 Jun 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 June 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £555,000 results in an estimated price of approximately £711,096.
26 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £555,000 | £156,096 | £711,096 |
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 | 30.915 % | £171,576 | £726,576 |
3 Month Average | -7.851 % | £-43,571 | £511,428 |
6 Month Average | -1.554 % | £-8,624 | £546,375 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2022 | £401,080 | £400,000 | FLAT 60 GOTHENBURG COURT BAILEY STREET |
9 May 2022 | £315,953 | £310,000 | FLAT 32 CLEMENT HOUSE RAINSBOROUGH AVENUE |
15 Jul 2021 | £643,589 | £560,000 | FLAT 13 MALMO TOWER BAILEY STREET |
22 Oct 2020 | £186,227 | £158,750 | FLAT 41 CHANTRELLE COURT YEOMAN STREET |
29 Sep 2017 | £760,473 | £599,995 | FLAT 63 MALMO TOWER BAILEY STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 25 May 2017. Using an estimated price of £711,097 means this house is valued at £10,015 per sq meter (£930 per sq foot).
The average size of a house on BAILEY STREET is 72 sq meters (775 sq feet).