£696,870
This estimated value is based upon the latest sale price for the house of £560,000 on 26 Feb 2019. 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 |
|---|---|
| £560,000 | 26 Feb 2019 |
| £300,000 | 6 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 815 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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £560,000 results in an estimated price of approximately £696,870.
| 26 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £560,000 | £136,870 | £696,870 |
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 | 70.260 % | £393,457 | £953,457 |
| 3 Month Average | 15.254 % | £85,422 | £645,422 |
| 6 Month Average | 14.125 % | £79,098 | £639,098 |
| 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 |
This house has a floor area of 75 sq meters or 815 sq feet when measured on 1 Apr 2010. Using an estimated price of £696,871 means this house is valued at £9,195 per sq meter (£854 per sq foot).
The average size of a house on FARROW PLACE is 68 sq meters (737 sq feet).