£723,927
This estimated value is based upon the latest sale price for the house of £487,500 on 16 Mar 2015. 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 |
|---|---|
| £487,500 | 16 Mar 2015 |
| £249,950 | 3 Sep 2004 |
| £227,500 | 20 Aug 2003 |
| £210,000 | 11 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 March 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £487,500 results in an estimated price of approximately £723,927.
| 16 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £487,500 | £236,427 | £723,927 |
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 | 46.586 % | £227,107 | £714,607 |
| 3 Month Average | 16.091 % | £78,443 | £565,943 |
| 6 Month Average | 15.024 % | £73,239 | £560,739 |
| 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 103 sq meters or 1,108 sq feet when measured on 17 Feb 2015. Using an estimated price of £723,927 means this house is valued at £7,028 per sq meter (£652 per sq foot).
The average size of a house on SWEDEN GATE is 77 sq meters (837 sq feet).