£567,910
This estimated value is based upon the latest sale price for the house of £335,000 on 27 Aug 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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164 Tower Bridge Road, London, SE1 3FG
Phone: 02034783598
| Price Paid | Date |
|---|---|
| £335,000 | 27 Aug 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 August 2008 the House Price Index for GREATER LONDON was 88.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 69.526%.Applying this 69.526% change to the original purchase price of £335,000 results in an estimated price of approximately £567,910.
| 27 Aug 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 149.7 | 69.526 % | £335,000 | £232,910 | £567,910 |
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 | 92.637 % | £310,332 | £645,332 |
| 3 Month Average | 50.386 % | £168,794 | £503,794 |
| 6 Month Average | 64.437 % | £215,865 | £550,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £493,284 | £489,000 | FLAT 8 12 BERMONDSEY SQUARE |
| 21 Dec 2023 | £598,387 | £580,000 | FLAT 71 12 BERMONDSEY SQUARE |
| 1 Dec 2023 | £711,874 | £690,000 | FLAT 7 12 BERMONDSEY SQUARE |
| 23 Oct 2023 | £787,895 | £770,000 | FLAT 73 12 BERMONDSEY SQUARE |
| 27 Sep 2023 | £669,764 | £655,000 | FLAT 34 12 BERMONDSEY SQUARE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 28 Aug 2018. Using an estimated price of £567,911 means this house is valued at £11,590 per sq meter (£1,076 per sq foot).
The average size of a house on BERMONDSEY SQUARE is 69 sq meters (747 sq feet).