£684,344
This estimated value is based upon the latest sale price for the house of £495,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 Plough Way, London, SE16 2LS
Phone: 02034637550
| Price Paid | Date |
|---|---|
| £495,000 | 15 Jan 2016 |
| £78,000 | 23 Aug 1996 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 81 sq meters or 871 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £495,000 results in an estimated price of approximately £684,344.
| 15 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £495,000 | £189,344 | £684,344 |
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 | 38.958 % | £192,840 | £687,840 |
| 3 Month Average | 7.087 % | £35,080 | £530,080 |
| 6 Month Average | 18.774 % | £92,931 | £587,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £356,429 | £350,000 | 3 NORWAY GATE |
| 4 Apr 2023 | £611,436 | £600,000 | 41 PLOVER WAY |
| 20 Mar 2023 | £935,625 | £920,000 | 130 PLOVER WAY |
| 20 Mar 2023 | £915,285 | £900,000 | 144 PLOVER WAY |
| 20 Jan 2023 | £1,153,081 | £1,150,000 | 77 PLOVER WAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Jun 2015. Using an estimated price of £684,344 means this house is valued at £8,448 per sq meter (£784 per sq foot).
The average size of a house on PLOVER WAY is 100 sq meters (1,078 sq feet).