£507,698
This estimated value is based upon the latest sale price for the house of £287,500 on 17 Apr 2006. 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 |
---|---|
£287,500 | 17 Apr 2006 |
£250,000 | 10 Sep 2003 |
£250,000 | 10 Sep 2003 |
£145,000 | 7 Aug 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 99 sq meters or 1,065 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 2006 the House Price Index for GREATER LONDON was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £287,500 results in an estimated price of approximately £507,698.
17 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 149.7 | 76.591 % | £287,500 | £220,198 | £507,698 |
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 | 169.495 % | £487,299 | £774,799 |
3 Month Average | 108.033 % | £310,595 | £598,095 |
6 Month Average | 98.543 % | £283,311 | £570,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £603,299 | £590,000 | FLAT 1101 BALTIC QUAY, 1 SWEDEN GATE |
4 Apr 2023 | £611,385 | £599,950 | FLAT 518 BALTIC QUAY, 1 SWEDEN GATE |
16 Jan 2020 | £602,084 | £490,000 | FLAT 212 BALTIC QUAY, 1 SWEDEN GATE |
20 Sep 2019 | £778,709 | £630,000 | FLAT 702 BALTIC QUAY, 1 SWEDEN GATE |
15 May 2019 | £647,550 | £520,000 | FLAT 301 BALTIC QUAY, 1 SWEDEN GATE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 3 Jan 2019. Using an estimated price of £507,698 means this house is valued at £5,128 per sq meter (£476 per sq foot).
The average size of a house on SWEDEN GATE is 77 sq meters (837 sq feet).