£531,624
This estimated value is based upon the latest sale price for the house of £340,000 on 4 Dec 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 |
---|---|
£340,000 | 4 Dec 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 733 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 December 2007 the House Price Index for GREATER LONDON was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £340,000 results in an estimated price of approximately £531,624.
4 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £340,000 | £191,624 | £531,624 |
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 | 97.313 % | £330,863 | £670,863 |
3 Month Average | 54.836 % | £186,441 | £526,441 |
6 Month Average | 60.641 % | £206,180 | £546,180 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £322,321 | £315,000 | FLAT 6 DURELL HOUSE WOLFE CRESCENT |
17 Apr 2023 | £656,275 | £644,000 | FLAT 151 CHANNEL HOUSE WATER GARDENS SQUARE |
31 Jan 2023 | £561,500 | £560,000 | FLAT 141 CHANNEL HOUSE WATER GARDENS SQUARE |
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 |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 21 Oct 2010. Using an estimated price of £531,625 means this house is valued at £7,800 per sq meter (£724 per sq foot).
The average size of a house on WATER GARDENS SQUARE is 77 sq meters (834 sq feet).