£487,749
This estimated value is based upon the latest sale price for the house of £405,000 on 10 Jul 2020. 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 |
---|---|
£405,000 | 10 Jul 2020 |
£421,000 | 29 May 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £405,000 results in an estimated price of approximately £487,749.
10 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.0 | 20.432 % | £405,000 | £82,749 | £487,749 |
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 | -2.139 % | £-8,663 | £396,336 |
3 Month Average | -13.457 % | £-54,501 | £350,498 |
6 Month Average | 21.516 % | £87,138 | £492,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £570,799 | £560,000 | FLAT 41 MALMO TOWER BAILEY STREET |
31 Aug 2022 | £595,973 | £600,000 | FLAT 49 MALMO TOWER BAILEY STREET |
15 Aug 2022 | £595,973 | £600,000 | FLAT 47 MALMO TOWER BAILEY STREET |
27 May 2022 | £324,829 | £320,000 | FLAT 51 NYLAND COURT NAOMI STREET |
21 Apr 2022 | £558,974 | £545,000 | FLAT 9 MALMO TOWER BAILEY STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 24 Feb 2017. Using an estimated price of £487,750 means this house is valued at £8,868 per sq meter (£823 per sq foot).
The average size of a house on BAILEY STREET is 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Naomi Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Naomi Street |
Mar 2024 | Vehicle crime | Under investigation | On or near Naomi Street |
Feb 2024 | Other theft | Under investigation | On or near Naomi Street |
Feb 2024 | Other theft | Under investigation | On or near Naomi Street |