£426,940
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Jan 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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243 Lower Road, Surrey Quays, SE16 2LW
Phone: 02034783204
| Price Paid | Date |
|---|---|
| £250,000 | 22 Jan 2013 |
| Flats/Maisonettes |
| Leasehold |
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 January 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £250,000 results in an estimated price of approximately £426,940.
| 22 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £250,000 | £176,940 | £426,940 |
The Postcode Pricing Model uses changes in average sales price within the SE8 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 | -18.267 % | £-45,667 | £204,332 |
| 3 Month Average | 51.294 % | £128,233 | £378,233 |
| 6 Month Average | 64.400 % | £160,999 | £410,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £322,321 | £315,000 | FLAT 15 JOHN BRENT HOUSE HADDONFIELD |
| 20 Jul 2022 | £328,289 | £325,000 | FLAT 3 BURYFIELD COURT, 254 - 258 LOWER ROAD |
| 18 Mar 2022 | £401,914 | £385,000 | FLAT 11 JOHN BRENT HOUSE HADDONFIELD |
| 4 Feb 2022 | £412,018 | £390,000 | FLAT 14 ALBERT STARR HOUSE HADDONFIELD |
| 28 Jul 2021 | £457,320 | £395,000 | 270A LOWER ROAD |