£275,365
This estimated value is based upon the latest sale price for the house of £210,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Office 5 2 2, The Leather Market, London, SE1 3ER
Phone: 02080337635
Price Paid | Date |
---|---|
£210,000 | 16 Dec 2016 |
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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £210,000 results in an estimated price of approximately £275,365.
16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £210,000 | £65,365 | £275,365 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | -45.567 % | £-95,689 | £114,310 |
3 Month Average | -18.507 % | £-38,863 | £171,136 |
6 Month Average | 5.226 % | £10,974 | £220,974 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Nov 2022 | £73,114 | £74,000 | UNIT 1 CALICO HOUSE, 199 LONG LANE |
5 Aug 2022 | £598,389 | £600,000 | FLAT 18 TANGERINE HOUSE, 176 LONG LANE |
18 Oct 2019 | £919,742 | £750,000 | FLAT 6 TANGERINE HOUSE, 119 WESTON STREET |
24 Sep 2019 | £1,104,268 | £900,000 | APARTMENT 31 TAPER BUILDING, 175 LONG LANE |
13 Sep 2019 | £1,165,616 | £950,000 | APARTMENT 10 TAPER BUILDING, 175 LONG LANE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 20 May 2016. Using an estimated price of £275,366 means this house is valued at £5,006 per sq meter (£465 per sq foot).
The average size of a house on LONG LANE is 69 sq meters (752 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near A2198 |
Jan 2024 | Theft from the person | Under investigation | On or near A2198 |
Jan 2024 | Other theft | Under investigation | On or near A2198 |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near A2198 |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near A2198 |