£523,883
This estimated value is based upon the latest sale price for the house of £385,000 on 31 Mar 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 |
|---|---|
| £385,000 | 31 Mar 2016 |
| £59,000 | 8 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £385,000 results in an estimated price of approximately £523,883.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £385,000 | £138,883 | £523,883 |
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 | 34.407 % | £132,465 | £517,465 |
| 3 Month Average | 5.750 % | £22,139 | £407,139 |
| 6 Month Average | 7.931 % | £30,532 | £415,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £625,431 | £620,000 | 60 PLOVER WAY |
| 14 Dec 2023 | £856,313 | £830,000 | 8 PLOVER WAY |
| 9 Nov 2023 | £210,339 | £205,000 | 3 ONEGA GATE |
| 11 Sep 2023 | £961,189 | £940,000 | 30 PLOVER WAY |
| 7 Aug 2023 | £636,480 | £625,000 | 3 FARROW PLACE |