£145,047
This estimated value is based upon the latest sale price for the house of £106,250 on 12 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been three burglaries within the last year on or near Arts Lane
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2 Shad Thames, London, SE1 2YU
Phone: 02034783205
Price Paid | Date |
---|---|
£106,250 | 12 Feb 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 February 2016 the House Price Index for GREATER LONDON was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £106,250 results in an estimated price of approximately £145,047.
12 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 148.6 | 36.515 % | £106,250 | £38,797 | £145,047 |
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 | 24.883 % | £26,438 | £132,688 |
3 Month Average | 20.169 % | £21,429 | £127,679 |
6 Month Average | 19.158 % | £20,355 | £126,605 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £633,095 | £625,000 | 1 OLD TOWN HALL APARTMENTS, 19 SPA ROAD |
25 Sep 2023 | £779,973 | £770,000 | 23 OLD TOWN HALL APARTMENTS, 19 SPA ROAD |
25 Aug 2023 | £554,854 | £550,000 | FLAT 19 PULLMAN BUILDING, 88 SPA ROAD |
17 Aug 2023 | £585,119 | £580,000 | FLAT 21 PULLMAN BUILDING, 88 SPA ROAD |
3 Apr 2023 | £351,788 | £348,000 | 33 OLD TOWN HALL APARTMENTS, 19 SPA ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 17 Jul 2014. Using an estimated price of £145,047 means this house is valued at £2,900 per sq meter (£269 per sq foot).
The average size of a house on ARTS LANE is 67 sq meters (729 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Arts Lane |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Arts Lane |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Arts Lane |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Arts Lane |
Jan 2024 | Public order | Under investigation | On or near Arts Lane |