£636,479
This estimated value is based upon the latest sale price for the house of £625,000 on 7 Aug 2023. 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 |
|---|---|
| £625,000 | 7 Aug 2023 |
| £225,000 | 7 Mar 2003 |
| £74,000 | 5 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £625,000 results in an estimated price of approximately £636,479.
| 7 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £625,000 | £11,479 | £636,479 |
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 | 60.560 % | £378,501 | £1,003,501 |
| 3 Month Average | 6.277 % | £39,229 | £664,229 |
| 6 Month Average | 3.699 % | £23,119 | £648,119 |
| 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 60 sq meters or 645 sq feet when measured on 3 Apr 2012. Using an estimated price of £636,480 means this house is valued at £10,608 per sq meter (£985 per sq foot).
The average size of a house on FARROW PLACE is 68 sq meters (737 sq feet).