£437,974
This estimated value is based upon the latest sale price for the house of £238,000 on 30 Sep 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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167b Rotherhithe Street, London, SE16 5QW
Phone: 02035422193
| Price Paid | Date |
|---|---|
| £238,000 | 30 Sep 2005 |
| Terraced |
| Freehold |
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 2005 the House Price Index for GREATER LONDON was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £238,000 results in an estimated price of approximately £437,974.
| 30 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £238,000 | £199,974 | £437,974 |
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 | 164.335 % | £391,116 | £629,116 |
| 3 Month Average | 108.197 % | £257,509 | £495,509 |
| 6 Month Average | 109.839 % | £261,416 | £499,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £600,000 | £600,000 | 22 TIMBER POND ROAD |
| 8 Apr 2024 | £734,377 | £728,000 | 58 DOCK HILL AVENUE |
| 20 Dec 2023 | £335,303 | £325,000 | FLAT 2 BALTIC COURT ARCHANGEL STREET |
| 23 Oct 2023 | £948,953 | £927,400 | 8 GREENACRE SQUARE |
| 20 Oct 2023 | £823,708 | £805,000 | 34 FISHERMANS DRIVE |