£409,487
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Apr 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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160 Jamaica Road, Bermondsey, SE16 4RT
Phone: 02081282432
Price Paid | Date |
---|---|
£240,000 | 24 Apr 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 78 sq meters or 840 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 April 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £240,000 results in an estimated price of approximately £409,487.
24 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.620 % | £240,000 | £169,487 | £409,487 |
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 | 42.247 % | £101,392 | £341,392 |
3 Month Average | 63.573 % | £152,574 | £392,574 |
6 Month Average | 54.909 % | £131,781 | £371,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £300,253 | £295,000 | FLAT 6 BURTON HOUSE CHERRY GARDEN STREET |
15 Sep 2023 | £1,283,575 | £1,267,163 | 93 WEST LANE |
21 Jul 2023 | £376,061 | £371,000 | 82 CHERRY GARDEN STREET |
15 Mar 2023 | £379,071 | £375,500 | 78 CHERRY GARDEN STREET |
5 Aug 2022 | £1,296,510 | £1,300,000 | 152 BERMONDSEY WALL EAST |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 12 Feb 2012. Using an estimated price of £409,487 means this house is valued at £5,242 per sq meter (£487 per sq foot).
The average size of a house on CHERRY GARDEN STREET is 61 sq meters (662 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Pottery Street |
Jan 2024 | Burglary | Under investigation | On or near Marigold Street |
Jan 2024 | Drugs | Local resolution | On or near Marigold Street |
Jan 2024 | Public order | Under investigation | On or near Cherry Garden Street |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Garden Street |