£645,315
This estimated value is based upon the latest sale price for the house of £197,500 on 26 Oct 2001. 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 |
---|---|
£197,500 | 26 Oct 2001 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 671 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 October 2001 the House Price Index for GREATER LONDON was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £197,500 results in an estimated price of approximately £645,315.
26 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 149.7 | 226.742 % | £197,500 | £447,815 | £645,315 |
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 | 210.001 % | £414,751 | £612,251 |
3 Month Average | 163.912 % | £323,726 | £521,226 |
6 Month Average | 166.778 % | £329,385 | £526,885 |
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 |
23 Oct 2023 | £948,953 | £927,400 | 8 GREENACRE SQUARE |
20 Oct 2023 | £823,708 | £805,000 | 34 FISHERMANS DRIVE |
27 Jan 2023 | £832,224 | £830,000 | 44 DOCK HILL AVENUE |
This house has a floor area of 62 sq meters or 671 sq feet when measured on 10 Mar 2010. Using an estimated price of £645,316 means this house is valued at £10,341 per sq meter (£960 per sq foot).
The average size of a house on DOCK HILL AVENUE is 71 sq meters (769 sq feet).