£765,477
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Apr 2000. 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 |
|---|---|
| £200,000 | 28 Apr 2000 |
| £118,000 | 14 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2000 the House Price Index for GREATER LONDON was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £200,000 results in an estimated price of approximately £765,477.
| 28 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 149.7 | 282.739 % | £200,000 | £565,477 | £765,477 |
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 | 305.205 % | £610,409 | £810,409 |
| 3 Month Average | 225.097 % | £450,193 | £650,193 |
| 6 Month Average | 223.529 % | £447,058 | £647,058 |
| 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 |
| 11 Sep 2023 | £961,189 | £940,000 | 30 PLOVER WAY |
| 7 Aug 2023 | £636,480 | £625,000 | 3 FARROW PLACE |
| 17 Mar 2022 | £694,215 | £665,000 | 5 ROPEMAKER ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 10 Aug 2015. Using an estimated price of £765,478 means this house is valued at £9,689 per sq meter (£900 per sq foot).
The average size of a house on ROPEMAKER ROAD is 73 sq meters (790 sq feet).