£550,180
This estimated value is based upon the latest sale price for the house of £340,000 on 27 Apr 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Biscuit Factory, London, SE16 4DG
Phone: 02080330922
| Price Paid | Date |
|---|---|
| £340,000 | 27 Apr 2007 |
| £290,000 | 1 Aug 2002 |
| £181,000 | 4 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2007 the House Price Index for GREATER LONDON was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £340,000 results in an estimated price of approximately £550,180.
| 27 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £340,000 | £210,180 | £550,180 |
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 | 144.513 % | £491,345 | £831,345 |
| 3 Month Average | 81.695 % | £277,762 | £617,762 |
| 6 Month Average | 90.487 % | £307,655 | £647,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jan 2023 | £333,391 | £332,500 | 5 WEBSTER ROAD |
| 30 Aug 2022 | £693,242 | £690,000 | 6 JOHN MCKENNA WALK |
| 29 Jul 2022 | £303,036 | £300,000 | 79 STORKS ROAD |
| 18 May 2022 | £749,527 | £730,000 | 8 COLLETT ROAD |
| 29 Apr 2022 | £638,014 | £615,000 | 71 STORKS ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 18 Jul 2013. Using an estimated price of £550,180 means this house is valued at £5,393 per sq meter (£501 per sq foot).
The average size of a house on STORKS ROAD is 90 sq meters (971 sq feet).