£673,052
This estimated value is based upon the latest sale price for the house of £620,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Shad Thames, London, SE1 2YU
Phone: 02034783205
Price Paid | Date |
---|---|
£620,000 | 27 Sep 2021 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 882 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £620,000 results in an estimated price of approximately £673,052.
27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £620,000 | £53,052 | £673,052 |
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 | 21.110 % | £130,883 | £750,883 |
3 Month Average | -0.630 % | £-3,908 | £616,091 |
6 Month Average | -0.294 % | £-1,822 | £618,177 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £794,710 | £782,500 | FLAT 27 COSTERMONGER BUILDING, 10 ARTS LANE |
25 Sep 2023 | £787,357 | £770,000 | 23 OLD TOWN HALL APARTMENTS, 19 SPA ROAD |
25 Sep 2023 | £639,088 | £625,000 | 1 OLD TOWN HALL APARTMENTS, 19 SPA ROAD |
25 Aug 2023 | £560,102 | £550,000 | FLAT 19 PULLMAN BUILDING, 88 SPA ROAD |
17 Aug 2023 | £590,653 | £580,000 | FLAT 21 PULLMAN BUILDING, 88 SPA ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Oct 2018. Using an estimated price of £673,053 means this house is valued at £8,207 per sq meter (£762 per sq foot).
The average size of a house on ARTS LANE is 67 sq meters (724 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Shoplifting | Under investigation | On or near Arts Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Limasol Street |
Apr 2024 | Other theft | Under investigation | On or near Woodmill Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Neckinger |