£557,708
This estimated value is based upon the latest sale price for the house of £425,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Booking Hall, Canada Water Tube Station, London, SE16 2XU
Phone: 02034632545
| Price Paid | Date |
|---|---|
| £425,000 | 25 Nov 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.226%.Applying this 31.226% change to the original purchase price of £425,000 results in an estimated price of approximately £557,708.
| 25 Nov 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.0 | 31.226 % | £425,000 | £132,708 | £557,708 |
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 | 30.742 % | £130,652 | £555,652 |
| 3 Month Average | 9.951 % | £42,291 | £467,291 |
| 6 Month Average | 5.322 % | £22,619 | £447,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £394,734 | £391,000 | FLAT 18 RITCHIE HOUSE HOWLAND ESTATE |
| 12 Jul 2023 | £403,820 | £400,000 | FLAT 15 COURTHOPE HOUSE LOWER ROAD |
| 30 Jun 2023 | £307,493 | £305,000 | FLAT 20 RITCHIE HOUSE HOWLAND ESTATE |
| 25 Apr 2023 | £434,026 | £430,800 | FLAT 7 MURDOCH HOUSE MOODKEE STREET |
| 24 Mar 2023 | £537,908 | £535,000 | FLAT 3 PRINCE OF ORANGE COURT ORANGE PLACE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 8 Mar 2016. Using an estimated price of £557,709 means this house is valued at £8,714 per sq meter (£809 per sq foot).
The average size of a house on LOWER ROAD is 82 sq meters (892 sq feet).