£478,602
This estimated value is based upon the latest sale price for the house of £297,500 on 1 May 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1 Toronto House, Surrey Quays Road, London, SE16 7AJ
Phone: 02034630622
Price Paid | Date |
---|---|
£297,500 | 1 May 2007 |
£92,000 | 1 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £297,500 results in an estimated price of approximately £478,602.
1 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 149.7 | 60.875 % | £297,500 | £181,102 | £478,602 |
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 | 151.168 % | £449,725 | £747,225 |
3 Month Average | 86.230 % | £256,534 | £554,034 |
6 Month Average | 89.803 % | £267,164 | £564,664 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £322,321 | £315,000 | FLAT 6 DURELL HOUSE WOLFE CRESCENT |
9 Jun 2022 | £337,208 | £330,000 | FLAT 10 ADELPHI COURT GARTER WAY |
25 Mar 2022 | £636,799 | £610,000 | FLAT 251 DOVECOTE HOUSE WATER GARDENS SQUARE |
30 Jun 2021 | £583,668 | £540,000 | FLAT 123 CHANNEL HOUSE WATER GARDENS SQUARE |
21 Aug 2020 | £404,661 | £335,000 | FLAT 6 MONKTON HOUSE WOLFE CRESCENT |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 25 Sep 2017. Using an estimated price of £478,603 means this house is valued at £7,251 per sq meter (£673 per sq foot).
The average size of a house on WOLFE CRESCENT is 82 sq meters (887 sq feet).