£577,608
This estimated value is based upon the latest sale price for the house of £290,000 on 7 Jun 2004. 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 |
|---|---|
| £290,000 | 7 Jun 2004 |
| £215,000 | 20 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 June 2004 the House Price Index for GREATER LONDON was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £290,000 results in an estimated price of approximately £577,608.
| 7 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £290,000 | £287,608 | £577,608 |
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 | 157.376 % | £456,390 | £746,390 |
| 3 Month Average | 109.671 % | £318,046 | £608,046 |
| 6 Month Average | 120.134 % | £348,389 | £638,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £611,385 | £599,950 | FLAT 518 BALTIC QUAY, 1 SWEDEN GATE |
| 28 Feb 2020 | £727,203 | £590,000 | FLAT 508 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 |
| 23 Aug 2019 | £675,622 | £545,000 | FLAT 523 BALTIC QUAY, 1 SWEDEN GATE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Oct 2013. Using an estimated price of £577,609 means this house is valued at £6,080 per sq meter (£564 per sq foot).
The average size of a house on SWEDEN GATE is 77 sq meters (837 sq feet).